Net income was $1.01 million, or 7 cents per share down, for the quarter ended March 31 versus $1.53 million, or 10 cents. Net sales dropped to $23.8 million from $28.3 million.
During the quarter, U.S. sales dropped to $21.4 million from $24.7 million. Sales outside the United States were $2.4 million compared to $3.6 million. The strengthening of the U.S. dollar accounted for about one-half of the international sales decline.
