Business in the Burbs

Nutrition 21 confirms forecast

June

Nutrition 21 Inc., the Purchase-based company that markets nutritional supplements, this morning confirmed its earnings forecast for its fiscal fourth quarter. The company said it continues to expect revenues for the quarter to be in the range of the $10.8 million reported for the third quarter, which ended in March.

Nutrition 21 also said it expects its earnings before interest, taxes, depreciation and amortization for the quarter to approach break even.

The company said it expects to produce consistently positive EDITDA in fiscal 2009, with revenues matching 2008 revenues.

This entry was posted on Tuesday, June 10th, 2008 at 9:11 am by Allan Drury. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Corporate doings

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