- Herbalife Nutrition ( NYSE: HLF ) is up 6% in post-market trading after the nutritional supplements marketer's Q4 2022 financial results beat on the top and bottom lines.
- In the quarter, net income rose ~42% to $54.4M ($0.55 diluted EPS vs. $0.37) compared to the year-ago period.
- Although revenue declined ~9% year over year , the company was helped by a ~15% decline in SG&A expenses to $437.3M.
- At the end of 2022, Herbalife ( HLF ) had cash and cash equivalents of $508M compared to $601.5M at the end of 2021.
- Read why Seeking Alpha contributor Individual Trader considers Herbalife ( HLF ) a hold.
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Herbalife Nutrition up 6% in after-hours trading on earnings beat