Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Youngevity International reports 1Q revenue rose 31% to a record $56.3 million

Proactive Investors Tuesday, 21 May 2019
Youngevity International (NASDAQ:YGYI), a multi-channel lifestyle company, reported on Tuesday record revenue of $56.3 million in its first quarter. The company, which sells everything from coffee to health foods, said revenue jumped by nearly 31%, compared to $43 million in revenue in the prior-year quarter. Youngevity, based in Chula Vista, California, said 59% of the revenue came from its direct-selling segment and about 41% from its commercial-coffee segment. READ: Youngevity International partners with Icelandic Glacial The company also reported cash and cash equivalents of $2.5 million as March 31, compared to $2.8 million as of the end of December 2018. CEO Steve Wallach said Youngevity reiterated its annual revenue guidance for 2019 in the range of $220 million and $240 million, as the company plans to ramp up its commercial hemp (CBD) segment. The company’s stock recently traded flat at $6.61 a share. Contact the author: [email protected] Follow him on Twitter @PatrickMGraham
0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Men in Black: International Suffers From Sequel Slump [Video]Men in Black: International Suffers From Sequel Slump

It seems franchise fatigue is plaguing the box office. In another slow weekend, Men in Black: International is set to top the charts with $28 million after earning $10.3 million on Friday. Other..

Credit: Rumble     Duration: 00:46Published

Men in Black: International Wins Weekend [Video]Men in Black: International Wins Weekend

It seems franchise fatigue is plaguing the box office. In another slow weekend, Men in Black: International is set to top the charts with $26 million after earning $10.3 million on Friday. Other..

Credit: Rumble     Duration: 00:40Published

'Men in Black: International' Flops At The Box Office [Video]'Men in Black: International' Flops At The Box Office

LOS ANGELES (Variety.com) - Hollywood seems to be coming down with a contagious case of franchise fatigue this summer, as “Men in Black: International” and “Shaft” become the latest sequels..

Credit: Wochit Entertainment     Duration: 00:35Published

Men in Black: International Is In The Red [Video]Men in Black: International Is In The Red

For better or worse, with the number of entertainment options available at home, the threshold for summer movies has been raised, and it takes more than a familiar property and a few recognizable stars..

Credit: Wochit Entertainment     Duration: 00:46Published

'Men in Black: International' Has Worst Opening Ever For Franchise [Video]'Men in Black: International' Has Worst Opening Ever For Franchise

Sony's "Men in Black: International" scored the lowest opening weekend in the franchise's history with an estimated $28.5 million. It's the third-straight weekend that a sequel had a poor opening at..

Credit: Wochit     Duration: 00:34Published

Chip Stocks Down After Broadcom Cuts Revenue Forecast [Video]Chip Stocks Down After Broadcom Cuts Revenue Forecast

Reuters reports U.S. stocks ended lower on Friday as investors were cautious going into next week’s Federal Reserve meeting. At the same time, a warning from Broadcom of a broad weakening in global..

Credit: Wochit Business     Duration: 00:34Published

'Avengers: Endgame' Can't Save Box Office From Duds [Video]'Avengers: Endgame' Can't Save Box Office From Duds

"Avengers: Endgame" is one of the highest grossing movies of all time. Still, the domestic 2019 box office is still down from last year by 6%, and the worldwide box office is down as well. Recent..

Credit: Wochit Entertainment     Duration: 00:42Published

Colorado Casinos Took In Record Combined Revenue In 2018 [Video]Colorado Casinos Took In Record Combined Revenue In 2018

Colorado casinos saw an increase in combined 2018 revenue that set a record for the state. Gilma Avalos reports.

Credit: CBS Dallas Digital     Duration: 00:21Published


Recent related news from verified sources

Capstone Turbine boosts revenue, fueled by healthy aftermarket sales and global operations

Capstone Turbine Corporation (NASDAQ:CPST) saw a revenue boost from a healthy increase in its accessories, parts and service division, beating analyst...
Proactive Investors

Aemetis India Plant Achieves Record $4 Million Monthly Domestic Biodiesel Revenue as Shipments Begin Under OMC Contract

CUPERTINO, CA and HYDERABAD, INDIA, June 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- *Aemetis, Inc.*  (NASDAQ: AMTX) announced today that its Universal...
GlobeNewswire

Shiloh Industries beats 1Q profit expectations as auto manufacturer wins nearly $300 million in new business

Shiloh Industries Inc (NASDAQ:SHLO) beat Street estimates on income for its fiscal first-quarter results released Monday, as the company won $300 million worth...
Proactive Investors

Lakeland Industries narrows fiscal 1Q loss, but misses on revenue

Lakeland Industries Inc (NASDAQ:LAKE) shares hadn’t budged Tuesday a day after the manufacturer of protective clothing narrowed its fiscal first quarter loss,...
Proactive Investors

Sonar maker Coda Octopus Group reports $2 million profit, 92% revenue increase in fiscal 2Q; shares soar

Shares of Coda Octopus Group Inc (NASDAQ:CODA) increased by double-digits Thursday after the sonar technology company reported a profit of nearly $2 million in...
Proactive Investors

FuelCell Energy continues to tumble as uncertainty clouds company after sudden CEO exit, restructuring

FuelCell Energy Inc (NASDAQ:FCEL) continued to tumble Monday amid uncertainty surrounding who would fill shoved out CEO Arthur Bottone’s shoes amid a major...
Proactive Investors

Advaxis encouraged by new cancer-fighting drug data as the company gears up for clinical trials

Advaxis Inc (NASDAQ:ADXS) is encouraged by favorable data from its new cancer immunotherapy treatment that demonstrated tumor-fighting properties, it said in a...
Proactive Investors

Shares of fruit producer Limoneira sour after swinging to a fiscal 2Q loss

Limoneira Company (NASDAQ:LMNR) stock is dropping after the citrus fruit producer posted fiscal second-quarter results that didn’t live up to expectations....
Proactive Investors


Other recent news in Business

Stocks are rising before Fed meets as rate cuts are front and center; HONG KONG shelves its extradition bill, helping sentimentBrexit uncertainty 'hitting UK BUSINESS investment'
Dreamliner alert: Air NEW ZEALAND checking planes for fire-fighting equipment failureSOUTH AMERICA power cut: Argentina investigates 'unprecedented' outage
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.