Mannatech Inc. Reports 99% Retreat In Q3 Earnings

(RTTNews) - Mannatech Inc. (MTEX) reported earnings for third quarter that retreated compared to the same period last year.

The company said its bottom line totaled $0.07 million, or $0.03 per share. This was lower than $5.11 million, or $1.89 per share, in last year's third quarter.

The company said revenue for the quarter fell 0.1% to $55.6 million. This was down from $55.64 million last year.

Mannatech Inc. earnings at a glance:

-Earnings (Q3): $0.07 Mln. vs. $5.11 Mln. last year. -Earnings Decline (Y-o-Y): -98.6% -EPS (Q3): $0.03 vs. $1.89 last year. -EPS Decline (Y-o-Y): -98.4% -Revenue (Q3): $55.6 Mln vs. $55.64 Mln last year. -Revenue Change (Y-o-Y): -0.1%