Cybex International Inc. (CYBI) reported a profit for the fourth quarter of 2011 versus loss in the comparable period last year, helped by an increase of 8% in sales. Net income was $34.7 million or $2.03 per share, compared to a net loss of $57.1 million or $3.34 per share in the prior year quarter.
Non-GAAP net income rose to $2.7 million or $0.16 per share from $1.5 million or $0.09 per share in the comparable quarter last year.
Net sales increased 8 percent to $43.1 million from $39.9 million in the year-ago period.
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