Investing Legend Hints the End May Be Near for These 3 Iconic Stocks

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

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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