Mannatech Reports Financial Results for Third Quarter 2024
Mannatech, Incorporated (MTEX)
US:NASDAQ Investor Relations:
ir.mannatech.com/investor-overview
Company Research
Source: Business Wire
FLOWER MOUND, Texas--(BUSINESS WIRE)--Mannatech, Incorporated (NASDAQ: MTEX), ("Mannatech" or "Company"), global health and wellness company committed to transforming lives to make a better world, today announced financial results for its third quarter of 2024.Third Quarter HighlightsNet sales for the quarter ended September 30, 2024 were $31.7 million, as compared to $32.6 million for the same period in 2023, a decrease of $0.9 million, or 2.5%. On a Constant dollar basis (see Non-GAAP Measures, below) our net sales decreased $0.4 million, or 1.2%, and unfavorable foreign exchange caused a $0.5 million decrease in GAAP net sales as compared to the same period in 2023. The decline in revenues was principally due to slowing demand in Asia due to weakened economic conditions, relative to the prior year.Gross profit as a percentage of net sales decreased to 74.5% for the three months ended September 30, 2024, as compared to 79.6% for the same period in 2023, some of the increase in c
Show less
Read more
Impact Snapshot
Event Time:
MTEX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTEX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTEX alerts
High impacting Mannatech, Incorporated news events
Weekly update
A roundup of the hottest topics
MTEX
News
- Mannatech, Incorporated (NASDAQ: MTEX) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Mannatech GAAP EPS of -$0.17, revenue of $31.7M Nov. 12, 2024 5:49 PM ET By: Urvi Shah , SA News Editor [Seeking Alpha]Seeking Alpha
- Mannatech Reports Financial Results for Third Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Mannatech, Incorporated (NASDAQ: MTEX) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Mannatech, Incorporated (NASDAQ: MTEX) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
MTEX
Sec Filings
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- 11/1/24 - Form SC
- MTEX's page on the SEC website