Reliv' International, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 09, 2019 at 04:30 pm IST
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Reliv' International, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was USD 8.257 million compared to USD 8.459 million a year ago. Operating loss was USD 366,016 compared to USD 939,531 a year ago. Net loss was USD 388,105 compared to USD 977,954 a year ago. Basic loss per share was USD 0.22 compared to USD 0.53 a year ago. For the half year, total revenue was USD 17.746 million compared to USD 18.462 million a year ago. Operating loss was USD 167,343 compared to USD 1.163 million a year ago. Net income was USD 235,539 compared to net loss of USD 1.216 million a year ago. Basic earnings per share was USD 0.13 compared to basic loss per share of USD 0.66 a year ago.
Reliv' International, Inc. is a developer and marketer of a line of nutritional supplements addressing basic nutrition, specific wellness needs, weight management and sports nutrition. The Company sells its products through an international network marketing system using independent distributors. The Company operates through a network marketing segment consisting of six operating units that sell nutritional and dietary products to a sales force of independent distributors that sell the products directly to customers. Its products include Reliv Now with Soy; FibRestore; Innergize! Go; LunaRich; ReversAge; Reliv Now for Kids; Arthaffect; ProVantage; SoySentials; CardioSentials; Reliv Defense; RLV Hemp Full Spectrum 750, and others. Its geographic region includes the United States, Australia/New Zealand, Canada, Mexico, Europe and Asia. Its subsidiaries include Reliv, Inc., Reliv World Corporation, Reliv Australia Pty, Limited, Reliv Now de Mexico, S. de R.L. de C.V. and others.