Earnings Call Summary | Lifevantage(LFVN.US) Q3 2024 Earnings Conference
Earnings Call Summary | Lifevantage(LFVN.US) Q3 2024 Earnings Conference
The following is a summary of the LifeVantage Corporation (LFVN) Q3 2024 Earnings Call Transcript:
以下是LifeVantage Corporation（LFVN）2024年第三季度财报电话会议记录的摘要：
Financial Performance:
财务业绩：
LifeVantage Corporation reported Q3 revenue of $48.2 million, a 10.2% decrease YoY due to falls in revenue in both the Americas and Europe.
The gross margin was at 78.9%, down from 80.2% in the previous year.
Commissions and incentives in Q3 decreased by $4.1 million YoY.
Reported an adjusted non-GAAP operating income of $3.4 million and an adjusted non-GAAP net income of $2.8 million or $0.21 per fully diluted share.
Despite the decrease in revenues, profitability increased with an adjusted EBITDA growth to $5.1 million, marking a 55% growth YoY.
The company's Q3 cash balance was $17.4 million with no debt.
The company predicts 2024 revenues between $202 million and $205 million, with adjusted non-GAAP EBITDA estimated between $16 million and $18 million and adjusted non-GAAP EPS between $0.57 and $0.67.
LifeVantage Corporation公布的第三季度收入为4,820万美元，同比下降10.2％，这是由于美洲和欧洲收入的下降。
毛利率为78.9％，低于去年的80.2％。
第三季度的佣金和激励措施同比减少了410万美元。
报告调整后的非公认会计准则营业收入为340万美元，调整后的非公认会计准则净收益为280万美元，摊薄后每股收益为0.21美元。
尽管收入下降，但盈利能力有所提高，调整后的息税折旧摊销前利润增长至510万美元，同比增长55％。
该公司第三季度的现金余额为1740万美元，没有债务。
该公司预计2024年收入在2.02亿美元至2.05亿美元之间，调整后的非公认会计准则息税折旧摊销前利润估计在1,600万美元至1,800万美元之间，调整后的非公认会计准则每股收益在0.57美元至0.67美元之间。
Business Progress:
业务进展：
Despite subdued Q3 revenues, an improvement was seen in March and April due to a strategy aimed at boosting consultant enrollments.
Revamped compensation plan and simpler onboarding process increased consultant retention.
Over 6% increase in YoY revenue per consultant in Q3 was noted.
LifeVantage launched new products and initiatives to boost customer and consultant enrollments.
Continued with share repurchases and increased the quarterly dividend.
尽管第三季度收入疲软，但由于一项旨在增加顾问入学人数的战略，3月和4月有所改善。
修改后的薪酬计划和更简单的入职流程提高了顾问留存率。
注意到第三季度每位顾问的收入同比增长了6％以上。
LifeVantage推出了新的产品和计划，以增加客户和顾问的注册人数。
继续进行股票回购并增加了季度股息。
More details: Lifevantage IR
更多详情： Lifevantage 红外线
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译文内容由第三方软件翻译。