Mannatech’s first-quarter loss widens

Dallas Business Journal – Published May 8, 2009

Nutritional supplement developer Mannatech saw it first-quarter loss widen as it was negatively impacted by a change in its commissions, lower U.S. sales and an unfavorable foreign currency exchange.

Coppell-based Mannatech (Nasdaq: MTEX) reported a net loss of $4.8 million, or 18 cents per share, in the quarter that ended March 31 compared to a loss of $2.3 million, or 9 cents a share, in the year-ago quarter.

Read the entire article at the Dallas Business Journal

Also, read our company overview:  Mannatech Facts, News and Review

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