date:May 13, 2013
Boulder Brands, Inc., formerly known as Smart Balance, Inc., continued to flex its muscles behind a growing portfolio of gluten-free products and the announcement it plans to expand the Udis brand to Europe.
Net income in the first quarter ended March 31 was $3,961,000, equal to 7c per share on the common stock, up 7% from $3,703,000, or 6c per share, in the same period a year ago. Net sales jumped 35% to $106,653,000 from $79,291,000.
Boulder Brands continued to benefit from Udis Healthy Food