Natural Alternatives Internatio (NASDAQ:NAII)

WEB NEWS

Monday, November 14, 2011

Comments & Business Outlook

First Quarter 2012 Results

  • Net sales during the three months ended September 30, 2011 increased $5.0 million or 37.3% from $13.4 million recorded in the comparable prior year period
  • Net income in the first quarter of fiscal 2012 was $1.5 million or $0.22 per diluted share compared to net income of $912,000 or $0.13 per diluted share in the first quarter of fiscal 2011.

Mark A. LeDoux, NAI Chairman and Chief Executive Officer, commented, "The first quarter of this fiscal year has demonstrated the power of focus and execution, coupled with improvement in product requirements by our current customers. We believe our customers engaged in direct sales to consumers are experiencing some measure of growth as a result of improved economic conditions in their distribution channels. By managing our fixed costs, expanding market presence with intellectual property unique to NAI, and executing on our corporate business plan, we are starting to see significant benefits to both the top line and more importantly the bottom line of our business. We continue to work hard as an international team to focus on exceeding our customers' expectations, while delivering excellent value to our esteemed clients."



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