earnings
confidence high
sentiment neutral
materiality 0.70
NAI Q3 net income up 30.7% to $2.5M; Q4 sales outlook +18-21%
NATURAL ALTERNATIVES INTERNATIONAL INC
2022-Q3 EPS reported
$1.22
revenue$118,440,000
- Q3 net sales $42.4M (-8.5% YoY); private-label manufacturing down 10.8% due to 40% drop from largest customer.
- Net income $2.5M ($0.41 EPS) vs $1.9M ($0.30 EPS) YoY, up 30.7% and 36.7% respectively.
- CarnoSyn royalty/license revenue rose 15.2% to $4.8M in Q3; nine-month revenue up 41.7% to $13.5M.
- Q4 FY2022 guidance: net sales +18-21% YoY and operating income margin 9-12%.
- Cash $18.6M, working capital $53.8M; $20M available on credit line.