Nutrition 21 loss narrows
-
- February
- 11
The company reported a 43 percent increase in revenues to $13 million for the second quarter of its fiscal 2008, compared with $9.1 million a year earlier.
The operating loss of $2.8 million was $1.6 million less than a year earlier.
Paul Intlekofer, president and chief executive officer of Nutrition 21, said in a statement released by the company: “We are pleased with the progress that was achieved during the quarter in terms of growing revenues strongly while meaningfully reducing our operating loss. Going forward, we look to make consistent progress on top-line revenues, while we place continued emphasis on achieving profitability in an optimal timeframe.”
This entry was posted
on Monday, February 11th, 2008 at 5:48 pm by Allan Drury.
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