For FY17, the company estimates total revenue to be $197.6M vs. $287.7M year ago.
Deferred revenue at the end of the quarter was $4.5M vs. $3.6M at the end of Q3.
“Our revenue estimate reflects the first sequential quarter increase in net sales that we have experienced since the second quarter of 2016,” commented Chris Sharng, President of Natural Health Trends Corp. “We have been working with our leaders to revitalize growth and believe the enhancements to our commission programs, coupled with incentive trips and training programs held during the quarter and throughout the year helped deliver improved sales. We look forward to a productive first-half event to kick off 2018 ahead of the Chinese New Year later this month.”
The Company expects to issue its complete fourth quarter and full year 2017 financial results in mid-February.