Betterware de Mexico SAB de CV: Q3 Earnings Snapshot
By AP News
Published - Oct 24, 2024, 04:52 PM ET
Last Updated - Dec 16, 2024, 05:59 PM EST
ZAPOPAN JALISCO, Mexico (AP) — ZAPOPAN JALISCO, Mexico (AP) — Betterware de Mexico SAB de CV (BWMX) on Thursday reported a third-quarter loss of $6.1 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Zapopan Jalisco, Mexico-based company said it had a loss of 16 cents. Earnings, adjusted for non-recurring costs, were 26 cents per share.
The company posted revenue of $176.1 million in the period.
Betterware de Mexico SAB de CV shares have dropped 12% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.33, a fall of 28% in the last 12 months.