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read / Daily News / Financial
Coway Reports $780 Million Revenue for Q1 2021
Financial
BY DSN Staff Writer May 12, 2021
Coway Reports $780 Million Revenue for Q1 2021
Coway Co., Ltd. announced its first quarter of 2021 financial reports, including $7.8 million in revenue, a 14.3% increase year-over-year. Operating profit and net profit increased to $151 million and $111 million respectively. Domestic rental sales in Korea reached 321,000, with 6.36 million accounts. “Exciting new products and impactful marketing campaigns propelled our performance, both […]
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Mannatech Reports $38.3 Million in Net Sales in Q1 2021
Financial
BY DSN Staff Writer May 12, 2021
Mannatech Reports $38.3 Million in Net Sales in Q1 2021
Mannatech, Incorporated announced its financial results for the first quarter of 2021, reporting net sales of $38.3 million, a 4.7% increase over the first quarter of last year. Net income for the quarter reached $2.2 million, or $1.04 per diluted share, a slight downturn from the first quarter of 2020, which totaled $2.8 million and […]
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HempMeds Brasil Reports Highest Revenue Month in Company History
Financial
BY DSN Staff Writer May 12, 2021
HempMeds Brasil Reports Highest Revenue Month in Company History
HempMeds Brasil, a subsidiary of Medical Marijuana, Inc. announced that April 2021 broke records for the best revenue month in company history. “Our HempMeds Brasil operations have seen a consistent increase over the years,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “We aim to reach as many consumers in need as possible and last […]
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NewAge Reports $125.5 Million Revenue for Q1 2021
Financial
BY DSN Staff Writer May 10, 2021
NewAge Reports $125.5 Million Revenue for Q1 2021
NewAge, Inc. announced record financial results for the first quarter of 2021, almost doubling its net revenue from the previous year’s quarter, with a 97% increase to $125.5 million, and a gross profit increase of 111% to $87.4 million. The acquisition of ARIIX strongly impacted these numbers. “The first quarter saw accelerated top and bottom-line […]
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eXp World Holdings Reports Record $583.8 Million in Revenue for Q1 2021
Financial
BY DSN Staff Writer May 06, 2021
eXp World Holdings Reports Record $583.8 Million in Revenue for Q1 2021
eXp World Holdings, Inc., the holding company for eXp Realty, announced a 115% increase in revenue for the first quarter of 2021, compared to the same quarter of 2020, totaling $583.8 million. Gross profit also increased 91% to $53.5 million. Driving this growth is a 77% increase in the company’s eXp Realty agents, which now […]
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Primerica Investment and Savings Products Sales Reach $2.9 Billion in Q1 2021
Financial
BY DSN Staff Writer May 06, 2021
Primerica Investment and Savings Products Sales Reach $2.9 Billion in Q1 2021
Primerica, Inc. reported total revenues of $637.7 million in the first quarter of 2021, a 21% increase over the same quarter of 2020. Net income increased by 35%, to $97.9 million, while earnings per diluted share increased 41% to $2.46. Important to note is that last year’s first quarter results included pre-tax realized losses on […]
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