PROVO, Utah (AP) — PROVO, Utah (AP) — Nu Skin Enterprises Inc. (NUS) on Wednesday reported a loss of $533,000 in its first quarter.
The Provo, Utah-based company said it had a loss of 1 cent per share. Earnings, adjusted for one-time gains and costs, were 9 cents per share.
The seller of skin care and nutritional products through a direct-selling model posted revenue of $417.3 million in the period.
For the current quarter ending in June, Nu Skin expects its per-share earnings to range from 10 cents to 20 cents.
The company said it expects revenue in the range of $420 million to $455 million for the fiscal second quarter.
Nu Skin expects full-year earnings in the range of 95 cents to $1.35 per share, with revenue ranging from $1.73 billion to $1.87 billion.
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, source Associated Press News