CVSL (CVSL) Misses Q1 EPS by 8c

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Go back to CVSL (CVSL) Misses Q1 EPS by 8c

CVSL Inc. Reports First Quarter Results

May 11, 2015 6:39 PM EDT

DALLAS, May 11, 2015 /PRNewswire/ -- CVSL Inc. (NYSE MKT: CVSL) ("CVSL" or the "Company"), a growing portfolio of direct-to-consumer companies, today reported financial results for the first quarter of 2015 ended March 31, 2015. 

This press release presents revenue on a reported and pro forma basis.  Management believes that, because CVSL is in the early stage of executing its strategy of scaling up the business through acquisitions, the pro forma figure allows for better comparisons with historical results.  For the first quarter of 2015, reported revenue includes virtually no results from Kleeneze, a UK-based... More