LifeVantage Announces Financial Results for the Second Quarter of Fiscal 2019
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UPDATE: Lifevantage (LFVN) Reports Q2 EPS of $0.13 on Revenues of $58.2M; Lowers FY19 EPS Guidance, Raises FY19 Revenue Outlook
February 4, 2019 4:15 PM EST(Updated - February 4, 2019 4:16 PM EST)
Lifevantage (NASDAQ: LFVN) reported Q2 EPS of $0.13, versus $0.11 reported last year. Revenue for the quarter came in at $58.2 million, versus $49.5 million reported last year.
Revenue increased 17.6% to $58.2 million year over year and 4.6% sequentially;Revenue in the Americas increased 15.0% year over year and 3.3% sequentially. Revenue in Asia/Pacific & Europe increased 25.0% year over year and 8.2% sequentially;Active members increased 8.2%, including independent distributor growth of 6.5% and active customer growth of 9.3% year over year;Adjusted EBITDA was $3.3 million compared to $3.7 million in the prior year... More