Nutrition 21 (NXXI) Reports a Q4 Loss

October 15, 2009 4:38 PM EDT

Nutrition 21, Inc. (Nasdaq: NXXI) reports a Q4 loss of $0.31 compared to a loss of $0.01. Revenues were revenues $5.4 million compared to $11.0 million in the comparable quarter last year.

For the year ended June 30, 2009, total revenues were $39.6 million compared to $47.1 million in the year ended June 30, 2008. Net loss for the year ended June 30, 2009, which includes the $17.5 million non-cash impairment charge mentioned above, was $20.8 million, or ($0.31) per fully diluted share, compared to a net loss in the prior year of $16.9 million, or ($0.27) per fully diluted share.

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