- Mannatech Inc (NASDAQ: MTEX) reported a second-quarter FY22 sales decline of 17.7% year-on-year, to $35 million, compared to $42.5 million.
- The gross profit for the quarter declined 16.4% to $27.1 million.
- The operating expenses for the quarter fell 13.6% to $26.2 million.
- The operating margin was 2.4%, and operating income for the quarter rose 136% to $0.9 million.
- The company held $21.2 million in cash and equivalents as of June 30, 2022.
- EPS for the quarter was $0.34 versus $0.99 last year.
- Price action: MTEX shares closed lower by 2.48% at $20.09 on Friday.
Pingtan Marine Enterprise Announces Receipt Of Nasdaq Notification Letter; The Continued Listing Of The Company’s Securities Are No Longer Warranted Pursuant To Listing Rule 5101, Absent A Request For Appeal, Stock To Be Suspended December 30
Pingtan Marine Enterprise Ltd. (NASDAQ:PME), ("Pingtan" or the "Company"), a fishing company based in the People's Republic of China, today announced that it has received a