Natural Alternatives International, Inc. (NAII) Reports Results for the Fourth Quarter of Fiscal 2010
Natural Alternatives International, Inc. reported a decline in net income on a year over year basis in the fourth quarter of fiscal 2010. The company said the lower net income was due to a decline in sales, higher expenses and increased foreign currency exchange losses. Natural Alternatives International, Inc. said that net income from continuing operations in the fourth quarter of fiscal 2010 ending 6/30/2010 was $218,000, or $0.03 per diluted share. The company earned net income of $1.2 million, or $0.17 per diluted share, in the fourth quarter of fiscal 2009. Natural Alternatives International, Inc. also had a year…