Mannatech Q2 EPS $(0.33) Up From $(0.59) YoY, Sales $27.70M Down From $32.59M YoY
Portfolio Pulse from Benzinga Newsdesk
Mannatech (NASDAQ:MTEX) reported Q2 earnings per share (EPS) of $(0.33), an improvement from $(0.59) YoY. However, sales decreased by 15.02% to $27.70 million from $32.59 million YoY.
August 13, 2024 | 9:01 pm
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Mannatech reported Q2 EPS of $(0.33), an improvement from $(0.59) YoY, but sales decreased by 15.02% to $27.70 million from $32.59 million YoY.
While the EPS loss has improved significantly, the substantial decline in sales may offset the positive sentiment. Investors may have mixed reactions, leading to a neutral short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100