Reliv' International, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 14, 2019 at 09:28 am
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Reliv' International, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 9.148 million compared to USD 8.337 million a year ago. Operating loss was USD 84,591 compared to USD 532,064 a year ago. Net loss was USD 165,857 compared to USD 542,301 a year ago. Basic loss per share was USD 0.09 compared to USD 0.29 a year ago. For the nine months, total revenue was USD 26.895 million compared to USD 26.800 million a year ago. Operating loss was USD 251,934 compared to USD 1.695 million a year ago. Net income was USD 69,682 compared to net loss of USD 1.758 million a year ago. Basic earnings per share was USD 0.04 compared to basic loss per share of USD 0.95 a year ago.
Reliv' International, Inc. is a developer and marketer of a line of nutritional supplements addressing basic nutrition, specific wellness needs, weight management and sports nutrition. The Company sells its products through an international network marketing system using independent distributors. The Company operates through a network marketing segment consisting of six operating units that sell nutritional and dietary products to a sales force of independent distributors that sell the products directly to customers. Its products include Reliv Now with Soy; FibRestore; Innergize! Go; LunaRich; ReversAge; Reliv Now for Kids; Arthaffect; ProVantage; SoySentials; CardioSentials; Reliv Defense; RLV Hemp Full Spectrum 750, and others. Its geographic region includes the United States, Australia/New Zealand, Canada, Mexico, Europe and Asia. Its subsidiaries include Reliv, Inc., Reliv World Corporation, Reliv Australia Pty, Limited, Reliv Now de Mexico, S. de R.L. de C.V. and others.