Welcome to our dedicated page for Mannatech news (Ticker: MTEX), a resource for investors and traders seeking the latest updates and insights on Mannatech stock.
The Mannatech, Incorporated (NASDAQ: MTEX) news page on Stock Titan aggregates the company’s latest announcements, earnings releases, and corporate updates. Mannatech describes itself as a global health and wellness company focused on nutritional supplements, topical and skin care and anti-aging products, and weight-management products distributed through a worldwide network of independent associates and preferred customers.
Investors and followers of MTEX can use this news feed to review quarterly and annual financial results, including net sales, regional performance across the Americas, Asia/Pacific, and EMEA, gross profit trends, commission and selling expense levels, and income from operations. Mannatech also regularly discusses non-GAAP Constant dollar measures that adjust for foreign currency translation, giving additional context on underlying business trends.
Beyond earnings, Mannatech’s news includes governance and leadership developments, such as board appointments, executive promotions or resignations, and outcomes of the annual shareholders’ meeting, including director elections and advisory votes on executive compensation. The company also issues releases highlighting marketing initiatives and brand stories, such as documentaries and testimonials related to its glycan-based nutritional products.
Because Mannatech operates in multiple international markets and uses a direct selling model, its news often addresses topics like associate and preferred customer counts, recruiting trends, economic conditions in key regions, and the impact of trade policies and tariffs on its cost structure. Bookmark this page to quickly access new MTEX press releases, financial commentary, and other official communications as they are reported.
Mannatech (NASDAQ: MTEX) announced its Q1 2024 financial results, reporting an EPS of $0.63 compared to $0.32 in Q1 2023. Net sales decreased by 13.8% to $29.4 million, primarily due to weak economic conditions in the Asia/Pacific region and reduced recruitment of sales associates and preferred customers. Gross profit margin increased to 78.6%, with operating income rising slightly to $0.8 million. Net income was $1.2 million, up from $0.6 million in Q1 2023. The company saw a 2.3% increase in cash and cash equivalents, reaching $7.9 million. Despite economic challenges, Mannatech aims to boost revenues by expanding its sales network while maintaining cost controls.
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