Natural Alternatives International, Inc. (NAII) has reported a 32.01 percent jump in profit for the quarter ended Dec. 31, 2016. The company has earned $2.47 million, or $0.37 a share in the quarter, compared with $1.87 million, or $0.28 a share for the same period last year.

Revenue during the quarter grew 13.56 percent to $30.56 million from $26.91 million in the previous year period. Gross margin for the quarter expanded 19 basis points over the previous year period to 21.25 percent. Total expenses were 89.81 percent of quarterly revenues, down from 89.84 percent for the same period last year. This has led to an improvement of 2 basis points in operating margin to 10.19 percent.

Operating income for the quarter was $3.11 million, compared with $2.74 million in the previous year period.

Mark A. Le Doux, chairman and chief executive officer stated, "I am pleased with the performance of the company for the first half of this fiscal year. While several challenges from the contract manufacturing side of the business exist through the balance of this year, I remain confident our continued investment in research, production efficiencies, sales initiatives and patent prosecution should help us achieve double digit growth in the approaching fiscal year in all our business segments."