Streetbeat News

MTEX

Mannatech, Incorporated

https://www.mannatech.com

Industry

Household & Personal Products

Mannatech, Incorporated operates as a health and wellness company worldwide. It develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management products. The company primarily sells its products directly, as well as through e-commerce and network marketing channels. Mannatech, Incorporated was founded in 1993 and is headquartered in Flower Mound, Texas.

Open

7.60

Mkt cap

15M

Volume

824

High

7.79

P/E Ratio

-12.37

52-wk high

10.51

Low

7.60

Div yield

N/A

52-wk low

6.75

Mannatech received a notification from Nasdaq about non-compliance with a listing rule. The company's stock will continue trading under the symbol MTEX. Mannatech has until February 15, 2025, to comply by achieving stockholders' equity of at least $10 million.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:53 pm

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.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:01 pm

Mannatech has appointed James Clavijo as its new CFO, effective July 1, 2024. This leadership change is expected to bring new strategic direction to the company.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 9:48 pm

Mannatech reported a significant increase in its Q1 EPS to $0.63, up from $0.32 YoY, despite a decrease in sales to $29.39M from $34.11M YoY.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 4:46 pm

Mannatech reported a Q4 EPS of $(0.94), a significant improvement from $(3.78) YoY. However, sales decreased to $32.69M from $34.34M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 10:10 am

Mannatech, Incorporated (NASDAQ: MTEX) announced the retirement of CEO Alfredo (Al) Bala effective April 1, 2024, and the promotion of Landen Fredrick to President and CEO. Landen, previously President and Chief Operating Officer, has been mentored by Al Bala and is expected to drive operational excellence and execute strategic initiatives.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 7:00 am

On Tuesday, 132 companies hit new 52-week lows. Among them, Corning (NYSE:GLW) was the largest in terms of market cap, while Wheeler Real Estate IT (NASDAQ:WHLR) was the smallest. Fortress Biotech (NASDAQ:FBIO) saw the largest move with shares plummeting 1350.03%, while Insulet (NASDAQ:PODD) made the biggest bounce back, moving up 0.0% shortly after hitting a new 52-week low.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 5:09 pm

Mannatech (NASDAQ:MTEX) reported Q2 losses of $(0.59) per share, a 273.53% decrease YoY. Sales also decreased by 6.79% to $32.60M compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 9:30 pm

Mannatech, a global health and wellness company, has announced the pre-launch of a new tiered affiliate program aimed at expanding its business and rewarding its affiliates.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:51 pm

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