This excerpt taken from the FZN 8-K filed May 18, 2009.
Cuisine Solutions, Inc. Announces Third Quarter FY2009 Results
ALEXANDRIA, Va., May 14, 2009 (GLOBE NEWSWIRE) -- Cuisine Solutions, Inc. (NYSE Alternext:FZN), a leading premium, fully-cooked, frozen food manufacturer, today announced results for the third quarter ended April 4, 2009. For the third quarter of fiscal year 2009 net sales from products were $21,094,000, down 16.4% over the prior fiscal year third quarter of $25,245,000. Net loss for the third quarter of fiscal year 2009 increased by 68.5% to $691,000 compared to the third quarter of fiscal year 2008 net loss of $410,000 due primarily to reduced gross margins on reduced sales and other income partially offset by lower research and development, selling and marketing and general and administrative costs. Net loss per share basic and diluted was $0.04 in the third quarter of fiscal 2009 as compared to a net loss per share basic and diluted of $0.02 in the third quarter of fiscal 2008. Sales from services were $321,000 as a result of our new acquisition and fee based training programs.
NET PRODUCT SALES FOR THE THIRD QUARTER ENDED:
Cuisine Solutions, Inc., Alexandria, VA