Mannatech Inc. Q3 Earnings Climb 8%

(RTTNews) - Mannatech Inc. (MTEX) announced a profit for its third quarter that gained ground from last year.

The company said its bottom line rose to $1.38 million, or $0.50 per share. This was higher than $1.28 million, or $0.46 per share, in last year's third quarter.

The company said revenue for the quarter fell 12.8% to $42.0 million. This was down from $48.15 million last year.

Mannatech Inc. earnings at a glance:

-Earnings (Q3): $1.38 Mln. vs. $1.28 Mln. last year. -Earnings Growth (Y-o-Y): 7.8% -EPS (Q3): $0.50 vs. $0.46 last year. -EPS Growth (Y-o-Y): 8.7% -Revenue (Q3): $42.0 Mln vs. $48.15 Mln last year. -Revenue Change (Y-o-Y): -12.8%