Health & Fitness
Mon, June 4, 2012
OMAHA, Neb.--([ BUSINESS WIRE ])--Bond Laboratories, Inc. (OTCBB:[ BNLB ]) (aBond Labsa), a national provider of innovative and proprietary nutritional supplements for health conscious consumers marketed primarily through its wholly owned operating division, NDS Nutrition Products (aNDSa), reports operating results for the first fiscal quarter of 2012.
"I am pleased to report that the Company is continuing its revenue growth trend"
Revenue for the quarter ended March 31, 2012 was $4,955,897, an increase of 65%, as compared to $2,989,304 for the quarter ended March 31, 2011. Net income for the three months ended March 31, 2012 was $719,906, an increase of 641%, as compared to a profit of $97,115 for the quarter ended March 31, 2011.
aI am pleased to report that the Company is continuing its revenue growth trend,a stated Bond Labs CEO, John S. Wilson. aOur strategy of continuing to introduce new products, along with adding to the number of retail outlets selling NDS products, has provided us the opportunity to book another profitable quarter.a
About Bond Labs
Bond Laboratories is a manufacturer of innovative nutritional supplements. The Company produces and markets products through its NDS Nutrition division. NDSa products number over 50 brands of energy, sports and dietary supplements. These products are sold directly through specialty health and nutrition retailers, including top-selling products at GNC franchises. Bond Labs is headquartered in Omaha, Nebraska. For more information, please visit [ http://www.bond-labs.com ].
Forward-Looking Statement
Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause the Companyas actual results in future periods to be materially different from any future performance that may be suggested in this news release.Such factors may include, but are not limited to: the abilityof the Company to continue to grow revenue; the Companyas ability to continue to achieve positive cash flow given the Company's existing and anticipated operating and other costs; and the outcome of the Companyas pending litigation with the U.S. Department of Labor and our former President alleging violations of certain unlawful employment practices in connection with his separation from the Company.Many of these risks and uncertainties are beyond the Company's control.Reference is made to the discussion of risk factors detailed in The Companyas filings with the Securities and Exchange Commission, including its reports on Form 10-K and 10-Q. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.
