Contact Information: Contact: Jean Bono Natural Health Trends Corp.
Natural Health Trends Corp. Announces First Quarter Revenue Estimate
| Source: Natural Health Trends Corp.
DALLAS, TX--(Marketwire - April 3, 2009) - Natural Health Trends Corp. (NASDAQ : BHIP )
announced today that its estimated revenue for the quarter ended March 31,
2009 was $10.0 million. The company also estimates that its deferred
revenue, consisting of unshipped product and unamortized enrollment fees at
March 31, 2009 was $1.0 million, compared to $2.8 million at December 31,
2008.
These results are preliminary, have not been reviewed or audited by the
company's independent accountants, and are subject to normal recurring
adjustments. Significant updates and revisions may be required before the
release of our first quarter results in May. Going forward, the company
intends to release its preliminary revenue information shortly after each
quarter end as it becomes available.
In the first quarter of 2008, revenue was $11.4 million, with deferred
revenue of $2.6 million at March 31, 2008 and $3.5 million at December 31,
2007. The majority of the decrease year-on-year was due to the decline in
the South Korean market, more than offsetting the increase in Hong Kong.
About Natural Health Trends Corp.
Natural Health Trends Corp. is an international direct-selling and
e-commerce company operating through its subsidiaries throughout Asia,
North America, and Europe. The company markets premium quality personal
care products under the NHT Global brand. Additional information can be
found on the company's website, and management encourages interested
parties to register for updated corporate information via email on the
company's home page, www.naturalhealthtrendscorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995 -- Forward-looking statements in this release do not constitute
guarantees of future performance. Such forward-looking statements are
subject to risks and uncertainties that could cause our actual results to
differ materially from those anticipated. Such risks and uncertainties
include the risks and uncertainties detailed under the caption "Risk
Factors" in our Annual Report on Form 10-K filed on March 23, 2009, with
the Securities and Exchange Commission. We assume no obligation to update
any forward-looking information contained in this press release or with
respect to the announcements described herein.