Lifevantage Corp Earnings: Everything You Must Know Now
Lifevantage Corporation (NASDAQ:LFVN) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Lifevantage Corporation Earnings Cheat Sheet
Revenue: Rose 15.47% to $51.5 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Lifevantage Corporation reported adjusted EPS of $0 per share. By that measure, the company missed the mean analyst estimate of $0.04.
Quoting Management: Douglas C. Robinson, President and Chief Executive Officer of LifeVantage, stated, “In the fourth quarter, we focused on taking the necessary steps to position our business for future revenue growth and improved profitability. For the full year fiscal 2013, we delivered solid revenue growth of 65% over the prior year and increased our total number of active independent distributors and preferred customers as compared to the prior fiscal year.”
Key Stats (on next page)…