Natural Health Trends Anticipates 83% Revenue Growth in Q1
April 14, 2016 Leave a comment
In a preview of its quarterly results, Natural Health Trends Corp. (NHTC—NASDAQ) on Tuesday said it expects revenue in the neighborhood of $74.3 million.
The preliminary estimate represents an 83 percent increase over the first quarter of 2015, when Natural Health Trends reported revenue of $40.7 million. The Dallas-based company also forecasts deferred revenue of $6.5 million as of March 31, down from $10.4 million at March 31, 2015.
Launched in 1988, Natural Health Trends has developed an extensive range of household and personal-care products under the NHT Global brand. Last year, revenue climbed 113 percent to $265 million, placing the company at No. 60 on the DSN Global 100 and No. 2 on Fortune’s Fastest-Growing Companies list.
Investors responded favorably to the company’s earnings preview, sending the stock up 6.7 percent to $37.30 in Wednesday trading. Natural Health Trends is slated to release quarterly financial results on Wednesday, April 27.