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Nextera Reports Loss in Third Quarter

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By: TOM BRANNA

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Nextera Enterprises, Inc., a Boston-based maker of personal care products, reported a third quarter loss of $0.5 million, compared to a net loss of $0.6 million in the 2005 third quarter. Included in this third quarter loss is a $0.1 million non-cash charge related to the amortization of the step-up in value of inventory acquired as part of Nextera’s acquisition of the Woodridge business in March 2006. Net sales for the 2006 third quarter were $3.8 million. The company had no sales in the ...

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