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Reliv Improves Earnings in 3Q

December 1, 2000

1 Min Read
Reliv Improves Earnings in 3Q


Reliv Improves Earnings in 3Q

CHESTERFIELD,Mo.--Reliv International Inc. (NASDAQ:RELV) rode strong international salesgrowth to an improved earnings performance in its third quarter ended Sept. 30.Revenues held steady at around $16.9 million, compared to the comparable 1999quarter, while gross margin rose by 12 percent of sales. Operating expenses roseabout 16 percent, but earnings still improved to $.38 million or $.04 per share,compared to $.35 million or $.04 per share lost in the same period last year.

Reliv's network marketing sales grew by 29 percent, and its nutrition salesin the United States grew by 32 percent compared to the same quarter in 1999.For the second consecutive quarter, Reliv sales in Mexico achieved a 150-percentgrowth compared to the prior-year period. Reliv also expanded into thePhilippines shortly after the close of the third quarter.

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