Lifevantage (LFVN) Reports Q2 EPS of $0.11 on Revenues of $49.5M
Lifevantage (NASDAQ: LFVN) reported Q2 EPS of $0.11. Revenue for the quarter came in at $49.5 million.
Second Quarter Fiscal 2018 Summary:
- Revenue increased 1.1% to $49.5 million year over year and 0.7% sequentially;
- Revenue in the Americas decreased 1.9% while revenue in Asia/Pacific & Europe increased 11.0% including a 9.3% increase in Japan, both on a year over year basis. On a sequential basis, revenue in the Americas increased 2.0% while revenue in Asia/Pacific & Europe decreased 3.0%, including a 4.4% decrease in Japan;
- Active independent distributors and active preferred customers decreased 1.6% and 2.7%, respectively, year over year and decreased on a sequential basis 1.6% and 0.9%, respectively;
- Adjusted EBITDA decreased 5.0% year over year to $3.7 million while increasing 37.6% sequentially;
- Earnings per diluted share were $0.02 and adjusted earnings per diluted share were $0.11; and
- Completed first share repurchases under the Company's $5.0 million shares repurchase program.
For earnings history and earnings-related data on Lifevantage (LFVN) click here.
