Twinlab Consolidated Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 04:37 pm
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Twinlab Consolidated Holdings, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 17.736 million compared to USD 21.662 million a year ago. Operating loss was USD 393,000 compared to USD 1.955 million a year ago. Net loss was USD 4.542 million compared to USD 5.739 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago. For the half year, sales was USD 37.707 million compared to USD 41.326 million a year ago. Operating loss was USD 5.178 million compared to USD 6.602 million a year ago. Net loss was USD 13.326 million compared to USD 10.697 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.04 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. 
