LifeVantage Announces Financial Results for the Second Quarter of Fiscal 2021
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Lifevantage (LFVN) Tops Q2 EPS by 3c, Revenues Miss; Offers FY21 Revenue Guidance Above Consensus, FY21 EPS Mid-Point View Below Consensus
February 2, 2021 4:34 PM ESTLifevantage (NASDAQ: LFVN) reported Q2 EPS of $0.25, $0.03 better than the analyst estimate of $0.22. Revenue for the quarter came in at $59 million versus the consensus estimate of $64.07 million.
Second Quarter Fiscal 2021 Summary:
Revenue of $59.0 million, an increase of 7.6% sequentially and a decline of 3.6% from the prior year period;Total active accounts increased 1.2% sequentially to 174,000, while declining 4.4% compared to the prior year period. The sequential growth included a 1.5% decline in distributors and a 2.9% increase in customers. Compared to the prior year period, distributors declined 1.5% and customers declined 6.1%;Earnings per diluted share were... More