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Mannatech Reports Record Sales
January 5, 2004
1 Min Read
Mannatech Reports Record Sales
COPPELL, TexasMannatech Inc.(NASDAQ:MTEX) reported Nov. 7 that for its third quarter (3Q03), ended Sept. 30,sales reached a 10-year high. Revenue increased 44.1 percent over the sameperiod last year to $49.7 million, contributing to earnings of $5.5 million, or$.21 earned per diluted share, compared to 3Q02s $1.1 million, or $.04 earnedper diluted share. The company partly attributed its sales growth to theSeptember introduction of its new antioxidant product, Ambrotose AO.
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