Mannatech's (MTEX) CEO Al Bala on Q3 2017 Results - Earnings Call Transcript

Nov. 08, 2017 12:38 PM ETMannatech, Incorporated (MTEX) Stock
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Mannatech, Incorporated (NASDAQ:MTEX) Q3 2017 Results Earnings Conference Call November 8, 2017 10:00 AM ET

Executives

David Johnson - CFO
Al Bala - President & CEO

Analysts

Operator

Greetings and welcome to the Mannatech, Incorporated Third Quarter 2017 Earnings Conference Call. At this time, all participants are in a listen-only mode. As a reminder, this conference is being recorded.

Now, I would like to introduce our moderator of the call today, Mr. David Johnson, Chief Financial Officer. Mr. Johnson, you may begin.

David Johnson

Thank you. Good morning, everyone. This is David Johnson and welcome to Mannatech’s third quarter 2017 earnings call. Today, you will hear from both me and Mannatech's President and Chief Executive Officer, Al Bala.

Before we begin the call, I will first read the Safe Harbor statement. During this conference call, we may make forward-looking statements, which can involve future events or future financial performance. Forward-looking statements generally can be identified by the use of phrases or terminologies, such as will, continue, may, believe, intend, expects, potential, should, could, would, anticipate, estimate, project, predict, hope, feel and plan or similar words or the negative of such terminology. We caution listeners that such forward-looking statements are subject to certain events, risks, uncertainties and other factors and speak only as of today. We also refer our listeners to review our SEC submissions.

In addition to results presented in accordance with the Generally Accepted Accounting Principles or GAAP, I will discuss a non-GAAP financial measure, constant dollar net sales, which is sales that have been adjusted to exclude the impact of changes due to the translation of foreign currencies into U.S. dollars. I believe that this non-GAAP financial measure provides useful information to investors as it is an indicator of the strength and performance of our ongoing business operations.

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