Health & Fitness
Mon, May 23, 2011Sun, May 22, 2011Fri, May 20, 2011Thu, May 19, 2011Wed, May 18, 2011Tue, May 17, 2011Mon, May 16, 2011Sun, May 15, 2011Fri, May 13, 2011Thu, May 12, 2011Wed, May 11, 2011Tue, May 10, 2011Mon, May 9, 2011Sun, May 8, 2011Sat, May 7, 2011Fri, May 6, 2011Thu, May 5, 2011Wed, May 4, 2011Tue, May 3, 2011Mon, May 2, 2011Fri, April 29, 2011Thu, April 28, 2011Wed, April 27, 2011Tue, April 26, 2011Mon, April 25, 2011Bond Labs Reports Profitable Q1 Results
Published in Health and Fitness on Tuesday, May 10th 2011 at 7:10 GMT by Market Wire
OMAHA, Neb.--([ BUSINESS WIRE ])--Bond Laboratories, Inc. (OTCBB:[ BNLB ]) (aBond Labsa), a national provider of innovative and proprietary nutritional supplements for health conscious consumers, today announced results from operations for the first fiscal quarter of 2011. Total revenue for the three months ended March 31, 2011 increased 26% to approximately $3.0 million from $2.4 million for the three months ended March 31, 2010. Total revenue at the Companya™s NDS Nutrition division increased an impressive 39.1% to $3.0 million for the three months ended March 31, 2011 from $2.1 million for the comparable period last year. Bond Labs recorded its first ever quarterly profit posting net income for the three months ended March 31, 2011 of $97,117 as compared to a net loss of $555,326 for the three months ended March 31, 2010.
"We are delighted to report both positive net income and record revenues for the first quarter of 2011"
aWe are delighted to report both positive net income and record revenues for the first quarter of 2011,a stated Bond Laboratories CEO, John S. Wilson. aRevenue growth continues to be driven by our intensely brand-loyal customers and the new additions to NDSa™ existing product lines. It is also largely due to an increase in the number of GNC franchised locations now carrying NDS products. We have added more than 250 new locations and introduced nine new products in just the last fifteen months. We continue to execute our strategy to drive revenue and profitability and remain very excited for the long-term growth prospects for the business.a
About Bond Labs
Bond Laboratories is a manufacturer of innovative and proprietary nutritional supplements for health conscious consumers. The Company produces and markets products through its NDS Nutrition division. NDSa™ products number over 60 brands of energy, sports, and dietary supplements. These products are sold directly through specialty health and nutrition retailers, and are included among the top-selling products at GNC® franchises. Bond Labs is headquartered in Omaha, Nebraska. For more information, please visit [ http://www.bond-labs.com ].
Safe Harbor
Statements about the Companya™s future expectations and all other statements in this press release other than historical facts, are aforward-looking statementsa within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
