EL ARENAL JALISCO, Mexico (AP) — EL ARENAL JALISCO, Mexico (AP) — Betterware de Mexico SAB de CV (BWMX) on Thursday reported second-quarter profit of $22.7 million.
The El Arenal Jalisco, Mexico-based company said it had profit of 58 cents per share.
The company posted revenue of $239.3 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $226.7 million.
Betterware de Mexico SAB de CV shares have risen 22% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.31, a climb of 72% in the last 12 months.
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