Mannatech Inc. Q4 Profit Drops 21%

(RTTNews) - Mannatech Inc. (MTEX) announced earnings for fourth quarter that lost ground compared to the same period last year.

The company said its bottom line declined to $1.5 million, or $0.56 per share. This was lower than $1.9 million, or $0.68 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 0.2% to $45.3 million. This was up from $45.2 million last year.

Mannatech Inc. earnings at a glance:

-Earnings (Q4): $1.5 Mln. vs. $1.9 Mln. last year. -Earnings Decline (Y-o-Y): -21.1% -EPS (Q4): $0.56 vs. $0.68 last year. -EPS Decline (Y-o-Y): -17.6% -Revenue (Q4): $45.3 Mln vs. $45.2 Mln last year. -Revenue Change (Y-o-Y): 0.2%