11.09.2014 01:40:33
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Lifevantage Swings To Profit, Outlook Strong; Stock Up 8%
(RTTNews) - Lifevantage Corp (LFVN), a maker of nutraceutical dietary supplements and skin care products, Wednesday reported fourth-quarter net earnings of $2.4 million or $0.02 per share compared with a loss of $182 thousand or breakeven-per-share last year.
Revenues for the quarter were higher at $56 million compared with $51.5 million in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $0.03 per share on revenues of $55 million for the quarter. Analysts' estimates typically exclude special items.
Operating costs for the quarter decreased to $42.3 million from $44 million a year ago.
For the full year 2015, the company expects earnings of $0.14 to $0.16 per share on revenues of $225 million to $235 million. Analysts expect earnings of $0.14 per share on revenues of $220 million.
Lifevantage shares gained $0.10 or 8% at $1.35 in after-hours trade on the Nasdaq.
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