Fitlife Brands, Inc. Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 17, 2021 at 02:41 am IST
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FitLife Brands, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 8.141 million compared to USD 2.740 million a year ago. Operating income was USD 1.913 million compared to operating loss of USD 127,000 a year ago. Net income was USD 1.508 million compared to net loss of USD 92,000 a year ago. Basic earnings per share from continuing operations was USD 1.37 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 1.26 compared to diluted loss per share from continuing operations of USD 0.09 a year ago. For the half year, sales was USD 14.299 million compared to USD 8.891 million a year ago. Operating income was USD 3.456 million compared to USD 1.193 million a year ago. Net income was USD 3.192 million compared to USD 1.336 million a year ago. Basic earnings per share from continuing operations was USD 2.94 compared to USD 1.27 a year ago. Diluted earnings per share from continuing operations was USD 2.68 compared to USD 1.19 a year ago.
FitLife Brands, Inc. is a developer and marketer proprietary nutritional supplements and wellness products for health-conscious consumers. It markets approximately 300 different products primarily online, through domestic and international GNC franchise locations as well as through more than 17,000 additional domestic retail locations. It offers NDS Nutrition, PMD Sports, SirenLabs, Core Active, Nutrology, and Metis Nutrition (together, NDS Products); iSatori, BioGenetic Laboratories, and Energize (together, the iSatori Products); Dr. Tobias, All Natural Advice, and Maritime Naturals (together, the MRC Products) and MusclePharm. Its NDS brand includes premium weight loss, sports nutrition, and general health products. Its PMD brand includes premium sports nutrition products. Its Nutrology brand included sports nutrition and general wellness products with an emphasis on natural, vegan, and organic ingredients. Its SirenLabs brand includes weight loss and sports nutrition products.