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Nu Skin settles in SEC probe, sees Q3 revenues at high end of guidance

Sep. 20, 2016 6:36 PM ETNu Skin Enterprises, Inc. (NUS) StockNUSBy: Carl Surran, SA News Editor2 Comments
  • NuSkin (NYSE:NUS+3.6% AH after disclosing that it reached an agreement with the SEC to settle a probe into its charitable contribution in China in 2013.
  • NUS says it agreed to pay ~$765K after the SEC determined that its books and internal controls related to the donation were insufficient.
  • NUS also says it expects Q3 revenues will come in at the high end of or slightly above its previous guidance of $560M-$580M vs. $581M analyst consensus estimate, citing the success of recent product introductions and favorable currency trends.

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