PROVO, Utah (AP) — PROVO, Utah (AP) — Nu Skin Enterprises Inc. (NUS) on Monday reported a loss of $249.8 million in its second quarter.
On a per-share basis, the Provo, Utah-based company said it had a loss of $5.14. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 20 cents per share.
The seller of skin care and nutritional products through a direct-selling model posted revenue of $320.1 million in the period.
For the current quarter ending in September, Nu Skin expects its per-share earnings to range from 10 cents to 20 cents.
The company said it expects revenue in the range of $310 million to $340 million for the fiscal third quarter.
Nu Skin expects full-year earnings in the range of 70 cents to 90 cents per share, with revenue ranging from $1.28 billion to $1.35 billion.
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