Sun Life Raises Dividends, LifeVantage Increases Quarterly Payout Amid Growth

LifeVantage Corporation has reported strong financial performance in its recent earnings call, driven primarily by the successful U.S. launch of its MindBody GLP1 system and international expansion efforts, despite facing challenges in some overseas markets. The company posted third-quarter revenues of $58.4 million, a 21% year-over-year increase, along with a 27% rise in adjusted EBITDA and improvements in profit margins. LifeVantage also announced a 12.5% increase in its quarterly dividend to 4.5 cents per share, reflecting confidence in its financial stability and commitment to shareholder value. However, revenue in international markets declined by 7%, signaling ongoing difficulties in Asia Pacific and Europe. The company maintains a strong balance sheet with more cash than debt and is considered undervalued by analysts, who have set price targets well above its current stock price. Meanwhile, Sun Life Financial declared a modest increase in its common share dividend to $0.88 per share, continuing its tradition of stable dividend payments.