Smart Balance Reports Q4 EPS of $0.01 vs. $0.02

Smart Balance, Inc. SMBL today announced its financial results for the fourth quarter and year ended December 31, 2010. Net sales were $62.8 million in the fourth quarter of 2010, compared to net sales of $58.9 million in the fourth quarter of 2009, an increase of 6.5%. Earnings per share were $0.01 in the fourth quarter of 2010, compared to earnings per share of $0.00 in the year-ago period. Excluding one-time items for both periods, earnings per share were $0.01 in 2010, compared to earnings per share of $0.01 in the year-ago period.