FitLife Brands, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
October 14, 2022 at 09:40 am EDT
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FitLife Brands, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 8 million compared to USD 8.41 million a year ago. Net income was USD 1.45 million compared to USD 1.63 million a year ago. Basic earnings per share from continuing operations was USD 0.32 compared to USD 0.37 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.34 a year ago.
For the six months, sales was USD 15.45 million compared to USD 14.01 million a year ago. Net income was USD 2.74 million compared to USD 3.04 million a year ago. Basic earnings per share from continuing operations was USD 0.6 compared to USD 0.7 a year ago. Diluted earnings per share from continuing operations was USD 0.55 compared to USD 0.64 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.
FITLIFE BRANDS, INC. 