Business in the Burbs

Nutrition 21 expects quarterly loss of $4 million

August

Nutrition 21 Inc., a nutritional supplements company based in Purchase, said that it expects to report a net loss for its fiscal fourth quarter of about $4 million before taking into account an impairment charge for intangible assets.

Operating profit for the fiscal year is expected to be positive before the impairment charge, the company added. Nutrition 21 said that it expects revenues of about $5.5 million for the quarter.

This entry was posted on Thursday, August 13th, 2009 at 1:06 pm by Jay Loomis.
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