LifeVantage Announces Financial Results for the Second Quarter of Fiscal 2020
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Lifevantage (LFVN) Tops Q2 EPS by 15c, Revenues Miss; Raises FY20 EPS Guidance Above Consensus, Affirms FY20 Revenue Outlook
January 28, 2020 4:14 PM ESTLifevantage (NASDAQ: LFVN) reported Q2 EPS of $0.31, $0.15 better than the analyst estimate of $0.16. Revenue for the quarter came in at $61.2 million versus the consensus estimate of $64.09 million.
Second Quarter Fiscal 2020 Summary*:
Revenue increased 5.3% to $61.2 million;Revenue in the Americas increased 4.3% and revenue in Asia/Pacific & Europe increased 7.8%, including 4.7% growth in Japan;Total active accounts increased 0.6% sequentially to 182,000, while declining year over year by 1.1%. The sequential growth included a 4.6% increase in distributors, partially offset by a 1.7% decline in customers. On year over year basis, distributors increased 3.0% and customers declined 3.4%;Adjusted EBITDA... More