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年第三季度業績電話會議記錄的摘要：
Financial Performance:
財務業績：
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公佈的第三季度收入爲4,820萬美元，同比下降10.2％，這是由於美洲和歐洲收入的下降。
毛利率爲78.9％，低於去年的80.2％。
第三季度的佣金和激勵措施同比減少了410萬美元。
報告調整後的非公認會計准則營業收入爲340萬美元，調整後的非公認會計准則淨收益爲280萬美元，攤薄後每股收益爲0.21美元。
儘管收入下降，但盈利能力有所提高，調整後的息稅折舊攤銷前利潤增長至510萬美元，同比增長55％。
該公司第三季度的現金餘額爲1740萬美元，沒有債務。
該公司預計2024年收入在2.02億美元至2.05億美元之間，調整後的非公認會計准則息稅折舊攤銷前利潤估計在1,600萬美元至1,800萬美元之間，調整後的非公認會計准則每股收益在0.57美元至0.67美元之間。
Business Progress:
業務進展：
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.
儘管第三季度收入疲軟，但由於一項旨在增加顧問入學人數的戰略，3月和4月有所改善。
修改後的薪酬計劃和更簡單的入職流程提高了顧問留存率。
注意到第三季度每位顧問的收入同比增長了6％以上。
LifeVantage推出了新的產品和計劃，以增加客戶和顧問的註冊人數。
繼續進行股票回購並增加了季度股息。
More details: Lifevantage IR
更多詳情： Lifevantage 紅外線
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。