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Nature's Sunshine(NATR) - 2023 Q3 - Earnings Call Presentation

Financial Performance - Nature's Sunshine Products' Q3 2023 net sales increased by 6.4% to $111.2 million, compared to $104.5 million in Q3 2022[8,40] - Excluding the impact of currency exchange, net sales increased by 7.1%[8,40] - Adjusted EBITDA increased by 50% to $10.3 million in Q3 2023, compared to $6.8 million in Q3 2022[40] - Net income attributable to common shareholders was $2.8 million in Q3 2023, a significant increase of $2.7 million compared to $0.1 million in Q3 2022[40] Segment Performance - Asia net sales increased by 9.1% to $52.218 million in Q3 2023[8] - Excluding the impact of currency exchange, Asia net sales increased by 12.4%[8] - North America net sales increased by 10.4% to $34.792 million in Q3 2023[8] - Europe net sales decreased by 2.9% to $18.769 million in Q3 2023[8] - Latin America and Other net sales decreased by 6.4% to $5.423 million in Q3 2023[8] Balance Sheet - As of September 30, 2023, cash and cash equivalents totaled $76.0 million, compared to $60.0 million as of December 31, 2022[17,28] - Debt decreased to $0.2 million as of September 30, 2023, compared to $1.2 million as of December 31, 2022[7,17] - Total assets were $239.9 million as of September 30, 2023, compared to $229.8 million as of December 31, 2022[17] Capital Allocation - The company repurchased $2.2 million in shares at an average cost of $12.35 per share in the first nine months of 2023[10] - $21.8 million remained in the share repurchase program as of September 30, 2023[10]