ROLLING HILLS ESTATES, Calif. (AP) _ Natural Health Trends Corp. (NHTC) on Wednesday reported a fourth-quarter loss of $2.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Rolling Hills Estates, California-based company said it had a loss of 27 cents. Losses, adjusted for asset impairment costs, were 10 cents per share.
The direct selling company posted revenue of $17.8 million in the period.
For the year, the company reported a loss of $5.6 million, or 52 cents per share, swinging to a loss in the period. Revenue was reported as $77.6 million.
The company’s shares closed at $3.60. A year ago, they were trading at $16.27.
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