Mannatech Swings to Q2 Profit as Cost Cuts Drive Margin Surge
MTEX sits 33% above its 52-week low of $3.8.
Summary
Mannatech delivered a sharp Q2 turnaround: net income of $1.0M ($0.53 per diluted share) versus a $4.3M loss a year ago. Revenue rose 4% to $26.7M, gross margin jumped to 76.9% from 73.6%, and selling/admin expenses fell 16.7% to $9.0M. The company continues to rebuild after the Q1 2026 going-concern warning and delisting threat; this quarter's profitability and positive operating income reinforce the recovery narrative. However, the associate and preferred customer base shrank to 116,000 from 125,000, a 7% decline that could pressure future sales. Cash remains tight at $6.0M, down slightly from year-end. The stock trades at a micro-cap valuation, so this earnings beat could drive outsized moves.
At the time of this announcement, MTEX was trading at $5.07 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $9.8M. The 52-week trading range was $3.80 to $12.45. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.