Lifevantage (LFVN) Reports Q4 EPS of $0.28, Offers FY21 Guidance

Lifevantage (NASDAQ: LFVN) reported Q4 EPS of $0.28, versus $0.26 reported last year. Revenue for the quarter came in at $59.4 million, versus $55.3 million reported last year.

GUIDANCE:

Lifevantage sees FY2021 EPS of $0.87-$0.91. Lifevantage sees FY2021 revenue of $240-251 million.

• The Company expects to generate revenue in the range of $240 million to $251 million in fiscal year 2021 and adjusted EBITDA of $25 million to $27 million, with adjusted earnings per share in the range of $0.87 to $0.91, which assumes a full year tax rate of approximately 30%. The Company's guidance for adjusted non-GAAP EBITDA and adjusted non-GAAP earnings per diluted share excludes any non-operating or non-recurring expenses that may materialize during fiscal 2021. This guidance reflects the current trends in the business and the Company’s current view as to the impact of the COVID-19 pandemic on its business. However, the impact of the COVID-19 pandemic continues to rapidly evolve and actual results could be adversely affected by further deterioration to the global economic and operating environments as a result of future COVID-19 developments. The Company's guidance for adjusted non-GAAP EBITDA and adjusted non-GAAP earnings per diluted share excludes any non-operating or non-recurring expenses that may materialize during fiscal 2021. The Company is not providing guidance for GAAP earnings per diluted share for fiscal 2021 due to the potential occurrence of one or more non-operating, one-time expenses, which the Company does not believe it can reliably predict.

For earnings history and earnings-related data on Lifevantage (LFVN) click here.

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