Herbalife Ltd. reported Wednesday $49.3 million in second-quarter net income with lower expenses offsetting a slight decline in revenue.

Herbalife has its East Coast manufacturing hub in Winston-Salem with at least 750 employees.

Adjusted net income was $60.5 million when excluding costs that include an internal technology realignment program.

Diluted earnings were 48 cents a share, while adjusted earnings were 59 cents. There was an earnings projection of 55 cents by an analyst surveyed by Zacks Investment Research.

Overall sales were down 1.7% to $1.26 billion. Asia Pacific sales that exclude China declined 1.9% to $408.6 million, while North American sales dropped 3.6% to $272.4 million.

It is the first quarterly report for chief executive Stephan Gratziani, who succeeded Michael J

See Full Page