Actionable news
All posts from Actionable news

Natural Health Trends To Report First Quarter 2016 Financial Results On April 27

The following excerpt is from the company's SEC filing.

and Announces Preliminary Revenue Estimate

LOS ANGELES – April 12, 2016 – Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and "quality of life" products under the NHT Global brand, today announced the Company will report its financial results for the quarter ended March 31, 2016 on Wednesday, April 27, 2016 at 9:00 a.m. Eastern Time. Chris Sharng, Natural Health Trends' President, and Scott Davidson, Senior Vice President and Chief Financial Officer, will host a conference call to discuss the first quarter 2016 financial results on Wednesday, April 27, 2016 at 11:30 a.m. Eastern Time. The details for the conference call can be found below.

The Company estimates total revenue for the quarter ended March 31, 2016 to be $74.3 million, which represents an increase of 83% compared to $40.7 million in the first quarter of 2015. The Company also estimates that its deferred revenue at March 31, 2016 was $6.5 million, compared to $4.0 million at December 31, 2015. At March 31, 2015, deferred revenue was $10.4 million, compared to $2.7 million at...