Brief: Natural Health Trends Q1 Revenue Fell 23 Percent To $14.9 Million

Natural Health Trends

06/05/2020 14:18

May 6 (Reuters) - Natural Health Trends Corp  NHTC.O :
    * NATURAL HEALTH TRENDS REPORTS FIRST QUARTER 2020 FINANCIAL
RESULTS
    * Q1 LOSS PER SHARE $0.05
    * Q1 REVENUE FELL 23 PERCENT TO $14.9 MILLION
    * HAVE AMPLE LIQUIDITY WITH $95 MILLION IN CASH AND CASH
EQUIVALENTS AND ZERO DEBT
    * NOW EXPECT TO REALIZE ANNUALIZED COST SAVINGS OF
APPROXIMATELY
$8 MILLION IN 2020
    * TOTAL CASH AND CASH EQUIVALENTS WERE $95.4 MILLION AT
MARCH 31,
2020, DOWN SLIGHTLY FROM $96.0 MILLION AT DECEMBER 31, 2019
    * IMPACT OF PANDEMIC FOLLOWED ALREADY DIFFICULT OPERATING
CONDITIONS WE EXPERIENCED THROUGHOUT 2019

Source text for Eikon:  ID:nGNX86pdrk 
Further company coverage:  NHTC.O 

 ((Reuters.Briefs@thomsonreuters.com;))