12:26 PM EST - Coastal Contacts Inc. : reported that its fourth-quarter net income increased to $0.4 million from $0.3 million last year. The company reported earnings per share of $0.01 compared to breakeven per share last year. Fourth-quarter sales increased to $32.03 million from $26.66 million last year. For fiscal 2008, the company reported a net loss of $786 thousand or $0.01 per share compared to profit of $1.63 million or $0.02 per share a year ago. Coastal Contacts Inc.
shares T.COA are trading up 5 cents at $0.72.
