Dallas, Texas 07/14/2015 (Financialstrend) – Natural Health Trends Corp. (NASDAQ:NHTC) has posted its preliminary results for the quarter ended June 30, 2015, with confirmation that it will post audited results on July 29, 2015. Revenues for the quarter should come in at $69.7 million more than double revenues of $34.2 million posted in the second quarter of last year.
Growth In Key Markets
Natural Health Trends Corp. (NASDAQ:NHTC) expects $8.2 million in deferred revenues for the month June. Slightly lower, compared to $10.4 million posted at the end of March but more than double $3.2 million posted last year June. Should the second quarter estimates hold upon auditing, then the company should be on track to meet its full-year outlook having posted two stellar quarters.
Better than expected earnings can be attributed to the company gaining the much-needed traction in key markets. China continues to post impressive results thanks to quality products on offer as well as training and marketing programs. Natural Health Trends Corp. (NASDAQ:NHTC) also continues to see significant increases in North America even though it is from a small base.
The company is now initiating plans to expand its wings in Southeast Asia expected to offer other synergies of growth. Shareholders can also look forward to generating a substantial amount of value from the stock, the board of directors having approved a $5 million shares repurchase program.
Russell Index Inclusion
An impressive run in the market especially on the earnings front since the start of the year has seen the inclusion of the stock in the Russell Global Index. Inclusion in the index should last for one year paving the way for inclusion in appropriate large cap and small cap indexes
President Chris Sharng buoyed by the development reiterated that the inclusion affirms the company’s ability to continue growing its revenues as well as profit margins. The inclusion should help raise the profile of Natural Health Trends Corp. (NASDAQ:NHTC) in the broader financial industry according to the executive, which should result in a broadened shareholder base.