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Nature's Sunshine reported net sales of $108.6 million, a GAAP net income of $1.3 million, and an adjusted EBITDA of $9.1 million for the first quarter of 2023.
Net sales reached $108.6 million, showing a 2% increase in constant currency.
GAAP net income was $1.3 million, resulting in $0.04 per diluted common share.
Adjusted EBITDA amounted to $9.1 million, compared to $8.2 million in the same quarter last year.
The company saw strong double-digit growth in markets like Japan and Taiwan.
The press release does not contain specific forward guidance. Therefore a response is not possible.
Visualization of income flow from segment revenue to net income