Natural Alternatives International Inc. said its normalized net income for the fiscal second quarter ended Dec. 31, 2014, was 14 cents per share, an increase from 2 cents per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $991,250, an increase from $165,630 in the year-earlier period.
The normalized profit margin increased to 4.7% from 1.0% in the year-earlier period.
Total revenue climbed 13.0% year over year to $18.6 million from $16.5 million, and total operating expenses climbed 5.2% on an annual basis to $17.0 million from $16.2 million.
Reported net income rose from the prior-year period to $1.1 million, or 16 cents per share, from $205,510, or 3 cents per share.
