Twinlab Consolidated Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 04:16 pm
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Twinlab Consolidated Holdings, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 19.460 million compared to USD 16.429 million a year ago. Operating income was USD 2.571 million compared to operating loss of USD 1.976 million a year ago. Net income was USD 383,000 compared to net loss of USD 5.164 million a year ago. Basic eps - continuing operations was USD 0 compared to basic loss per share from continuing operations of USD 0.02 a year ago.
Twinlab Consolidated Holdings, Inc. is a marketer, distributor and direct-to-consumer retailer of branded nutritional supplements and other natural products sold to and through domestic health and natural food stores, mass market retailers, specialty store retailers, on-line retailers, and websites. Internationally, the Company markets and distributes branded nutritional supplements and other natural products to and through health and natural product distributors and retailers. Through NutraScience Labs, it also provides services between private label distributors and contract manufacturers. Its services business involved the facilitation of manufacture of custom products. Its products include vitamins, minerals, resveratrol, collagen, keratin, skincare and sports nutrition products primarily under the Twinlab, Reserveage and ResVitale brands. It also markets and sells diet and energy products under the Metabolife brand and a full line of herbal teas under the Alvita brand.
TWINLAB CONSOLIDATED HOLDINGS, INC. 