CVSL (CVSL) Reports Q2 Loss of $0.05/Share

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Go back to CVSL (CVSL) Reports Q2 Loss of $0.05/Share

CVSL Announces Second Quarter Results

August 13, 2015 6:08 PM EDT

DALLAS, Aug. 13, 2015 /PRNewswire/ -- CVSL Inc. [NYSE MKT: CVSL] today announced financial results for its second quarter of 2015.

Revenue for the quarter was $35.7 million, up from $24.6 million in the second quarter last year, an increase of 45.2%.  Operating loss was $2.5 million, compared to a loss of $4.1 million in last year's second quarter, an improvement of 39.0%.

"We are very pleased with our second quarter results. The quarter clearly demonstrated the effectiveness of our strategy of buying companies at favorable prices and then applying our expertise to strengthen them and increase cash flow," said John... More