LifeVantage Announces Financial Results for the Third Quarter of Fiscal 2021
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Lifevantage Corporation (LFVN) PT Lowered to $9.50 at Lane Research Following Earnings
April 30, 2021 12:34 PM EDTLane Research analyst Douglas Lane lowered the price target on Lifevantage Corporation (NASDAQ: LFVN) to $9.50 (from $10.90) while maintaining a Hold rating.
The analyst commented, "F3Q (Mar) sales and operating income were below expectations, each showing year over year declines. While... More
Lifevantage (LFVN) Reports Q3 EPS of $0.20, Revenues Miss; Offers FY21 EPS Mid-Point Guidance Below Consensus
April 29, 2021 4:58 PM EDTLifevantage (NASDAQ: LFVN) reported Q3 EPS of $0.20, versus $0.13 reported last year. Revenue for the quarter came in at $51.6 million versus the consensus estimate of $61.45 million.
Third Quarter Fiscal 2021 Summary:
Revenue of $51.6 million, a decrease of 8.0% from the prior year period and a decline of 12.6% sequentially;Total active accounts decreased 4.0% compared to the prior year period while declining 3.4% sequentially to 168,000. The year over year decline included declines in distributors of 4.5% and customers of 3.7%. Compared to the second quarter of... More