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Thursday, Feb 22, 2024

Nextera Reports Quarterly Loss

Nextera Enterprises Inc. reported a net loss of $1.3 million or $0.03 per diluted share for the first quarter ended Mar. 31 compared to a net loss of $700,000 or $0.02 per share for the comparable period in 2006. Nextera, a developer of beauty supply products through its Woodbridge Labs subsidiary in Panorama City, saw revenues increase 122 percent in the first quarter to $2.4 million compared to $1.1 million in the first quarter of 2006.

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