Loss on Weak Sales the MTEX over the fiscal fourth quarter of 2022

For the fiscal interval ending December 31 2022 company slipped into shortfall of $-3.51 per share compare to $1.25 a year ago and EPS fell from $0.61 per share from the previous reporting season.

Revenues receded extensively by -13.061 % to $34.34 millions from $39.49 millions in the corresponding reporting season a year ago and sequentially Revenue decreased by -3.317 % from $35.51 millions.




For the fiscal interval ending December 31 2022 Mannatech Incorporated logged net shortfall of $-6.509 million, instead of net proceeds of $2.589 millions booked in the corresponding reporting season a year before.

company announced net loss of $-4.49 millions and Revenues of $137.21 millions for the fiscal year 2022.

Legal Cannabis company said that, its eps were at $-2.35 in proportion to $4.71 in the previous fiscal year, while Revenue deteriorated by -14.12 % from $159.76 millions a year ago.

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