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Mannatech Incorporated  (MTEX)
 

EPS Drops at MTEX all along the financial period closing September 30 2022

company recorded third quarter of 2022 operating income of $1.357 million


Published Nov 10 2022
CSIMarket Team / CSIMarket.com


Marijuana_and_Flag_Map_of_JamaicaIn the financial period closing September 30 2022 EPS plummeted by -57.64 % to $0.61 per share due to Revenue decrease of -9.971 % to $35.51 million, year on year.

In the prior reporting season MTEX realized Revenue of $34.98 million and bottom line of $0.34 per share.


Net earnings of $1.191 million in the financial period closing September 30 2022 fell by -59.35 % from $2.930 million in the corresponding period a year before. Looking further into financial period closing September 30 2022 Mannatech Incorporated's profitability, operating margin mitigated to 3.82%, and net margin shrank to 3.35%.
Operating earnings, fell -58.7% to $1.357 million, squeezing Mannatech Incorporated's operating margin to 3.82%, from 8.33% in the third quarter of 2021.

Mannatech Incorporated is expected to report next financial recent numbers on May 11, 2023.



Mannatech Incorporated's Net Income Growth

Mannatech Incorporated's Effective Tax Rate



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