Natural Alternatives International, Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 32.7 million compared to USD 42.37 million a year ago. Net loss was USD 2.38 million compared to net income of USD 2.5 million a year ago. Basic loss per share from continuing operations was USD 0.41 compared to basic earnings per share from continuing operations of USD 0.42 a year ago. Diluted loss per share from continuing operations was USD 0.41 compared to diluted earnings per share from continuing operations of USD 0.41 a year ago.
For the nine months, sales was USD 118.12 million compared to USD 118.44 million a year ago. Net income was USD 0.485 million compared to USD 7.61 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to USD 1.23 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to USD 1.22 a year ago.