Nutrition 21, Inc (NXXI) Reports Fiscal First Quarter 2008 Financial Results
Nutrition 21, Inc (NXXI), a leading developer and marketer of nutritional supplements that help consumers manage blood sugar levels, improve cardiovascular health, enhance memory and reduce chronic joint pain, announced financial results for the first quarter of fiscal year 2008 that has ended September 30, 2007. Nutrition 21 has reported an astonishing 171% increase in total revenues, moving to $12.7 million from the $4.7 million reported during the comparable quarter one year ago. Net loss for the quarter was $4.1 million, or $(0.07) per fully diluted share, a slight improvement compared to the net loss of $4.1 million, or $(0.08)…