FitLife Brands Announces First Quarter 2024 Results
FitLife Brands, Inc. (FTLF)
NASDAQ:AMEX Investor Relations:
ir.fitlifebrands.com
Company Research
Source: GlobeNewswire
Omaha, May 14, 2024 (GLOBE NEWSWIRE) -- FitLife Brands, Inc. (“FitLife” or the “Company”) (NASDAQ: FTLF), a provider of innovative and proprietary nutritional supplements and wellness products, today announced financial results for the first quarter ended March 31, 2024. Highlights for the first quarter ended March 31, 2024 include: Total revenue was $16.5 million, an increase of 54% compared to the first quarter of 2023. Online sales were $10.8 million, representing 65% of total revenue and an increase of 116% compared to the first quarter of 2023.Gross margin was 44.0% compared to 41.1% during the first quarter of 2023.Net income for the first quarter of 2024 was $2.2 million compared to $0.2 million during the same period last year.Basic earnings per share and diluted earnings per share were $0.47 and $0.43, respectively, compared to $0.03 during the first quarter of 2023.Adjusted EBITDA was $3.6 million, a 62% increase compared to the first quarter of 2023.The Company
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- What Is FitLife Brands, Inc.'s (NASDAQ:FTLF) Share Price Doing? [Yahoo! Finance]Yahoo! Finance
- FitLife Brands, Inc. (NASDAQ: FTLF) was upgraded by analysts at Roth Capital to a "strong-buy" rating.MarketBeat
- Is Fitlife Brands (FTLF) an Attractively Valued Stock? [Yahoo! Finance]Yahoo! Finance
- FitLife Brands, Inc. (NASDAQ: FTLF) is now covered by analysts at Roth Mkm. They set a "buy" rating and a $40.00 price target on the stock.MarketBeat
- 2 Small Caps Recently Upgraded to Outperform [Yahoo! Finance]Yahoo! Finance
FTLF
Sec Filings
- 9/3/24 - Form 4
- 8/14/24 - Form 8-K
- 8/14/24 - Form 3
- FTLF's page on the SEC website