Elon's Greatest Invention... Hidden in South Memphis?

Markets shaky? Elon Musk is quietly building "the most powerful supercomputer in the world" in South Memphis - to fuel the first superhuman AI. Even though it's inside his private firm xAI, there's a backdoor for regular investors. Starting with as little as $500, you could secure a stake - but the next funding round could open as soon as Oct 1st.

Mannatech Shares Drop On 17% Q2 Revenue Decline

Shivani Kumaresan
August 12, 2022
  • Mannatech Inc (NASDAQ: MTEX) reported a second-quarter FY22 sales decline of 17.7% year-on-year, to $35 million, compared to $42.5 million.
  • The gross profit for the quarter declined 16.4% to $27.1 million.
  • The operating expenses for the quarter fell 13.6% to $26.2 million.
  • The operating margin was 2.4%, and operating income for the quarter rose 136% to $0.9 million.
  • The company held $21.2 million in cash and equivalents as of June 30, 2022.
  • EPS for the quarter was $0.34 versus $0.99 last year.
  • Price action: MTEX shares closed lower by 2.48% at $20.09 on Friday.

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