Navigation Links
Arcadia Resources Announces First Quarter Results
Date:8/13/2009

t are expected to result in sequential improvement in Pharmacy gross margin throughout the year.

Richardson continued: "We have invested significantly in the infrastructure and headcount to meet the increasing DailyMed demand over the past several quarters. We are now focused on driving the operational improvements and efficiency gains we know we can achieve. As a result, while we will add modestly to our Pharmacy SG&A expense as demand increases, we believe we will see SG&A as a percentage of sales decline significantly during the course of FY 2010.

"Likewise, in our corporate SG&A we continue to make progress on our cost reduction initiatives. After restructuring our business during the last six months, we have identified an additional $750,000 to $1 million in further cost reduction opportunities that we will implement over the course of the year."

Capital Resources and Liquidity

At June 30, 2009, the Company had $0.5 million in cash and cash equivalents on its balance sheet and had access to $2.5 million in additional line of credit availability, resulting in total cash and availability of $2.95 million, compared to total cash and availability of $4.5 million at March 31, 2009.

Arcadia reported negative cash flow from total operations of $1.6 million for the quarter, compared with cash generated from operations of $740,000 and $375,000 in the fourth quarter of fiscal 2009 and the same period a year ago, respectively.

"The reduction in operating cash flow quarter-over-quarter was primarily due to two factors. First, the ramp up of our Pharmacy operations and the higher operating loss in that segment resulted in negative operating cash flow," said Matthew Middendorf, Chief Financial Officer. "In addition, we include discontinued operations in our operating cash flow statement and our operating loss from discontinued opera
'/>"/>

SOURCE Arcadia Resources, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Related medicine news :

1. Arcadia Completes New Financing; Previews Fourth Quarter Results
2. Arcadia Resources Announces Sale of Non-Strategic Businesses
3. Plane Crash Claims Arcadians Chairman and Founder, John H. Austin M.D.
4. Arcadia Resources Announces Webcast of its Fiscal 2009 Fourth-Quarter and Year-End Conference Call
5. Arcadia Resources Sells Non-Core Software Business
6. Arcadian Management Services Names CEO Robert Fahlman as Chairman of the Board
7. Arcadia Resources Responds to Share Price Volatility
8. Arcadia HealthCare Names Former Walgreens Executive Charles Goodall as Vice President of DailyMed(TM) Pharmacy Operations
9. WellPoint State Sponsored Business Launches New Program with Arcadia HealthCare to Help Improve Medication Safety, Efficacy and Compliance for Medicaid Members
10. Arcadia Resources Announces Fourth Quarter and Fiscal 2009 Year-End Results
11. Arcadian Chairman and Chief Executive Officer, Robert Fahlman, to Present at Focus on Healthcare Conference in New York City
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/15/2014)... Imaging can be a cost-effective way to ... from aggressive intervention, according to a new modeling study ... study looked at people with asymptomatic carotid artery stenosis, ... to the head due to atherosclerosis, or plaque buildup. ... to 20 percent of ischemic strokes, which result from ...
(Date:9/15/2014)... models, neuroscience researchers at the University of Copenhagen ... that cause Parkinson,s disease. The findings have recently ... Neuroscience . , The defining symptoms of ... shaking. There is currently no cure for the ... research with the potential to shed some light ...
(Date:9/15/2014)... 15, 2014 Today, Zane Benefits, the ... Bank’s Speaking on Business radio show. , According ... so employers know it doesn’t make sense to choose ... also save the employer and employee as much as ... of Zions Bank's Speaking on Business , Chris ...
(Date:9/15/2014)... The Best Hospitals Honor Roll released by ... using OnBase as their enterprise content management (ECM) ... at the top of the list, earning the third ... medical centers across the country with the Honor Roll ... at least six of the sixteen specialties surveyed. ...
(Date:9/15/2014)... U.S. heart experts recommend doctors use a 14-point checklist ... for underlying heart disease that could result in sudden ... American College of Cardiology said in a joint statement ... along with a physical examination can help identify young ... for sudden cardiac death. The statement, published ...
Breaking Medicine News(10 mins):Health News:RSNA: Imaging Identifies Asymptomatic People at Risk for Stroke 2Health News:RSNA: Imaging Identifies Asymptomatic People at Risk for Stroke 3Health News:Researchers debunk myth about Parkinson's disease 2Health News:Zane Benefits Featured on Zions Bank Speaking on Business 2Health News:Seven of Top Ten Hospitals in the U.S. Leverage OnBase by Hyland ECM Solution 2Health News:Heart Docs Don't Recommend Routine ECGs for Young Athletes 2Health News:Heart Docs Don't Recommend Routine ECGs for Young Athletes 3
... highlight the dangers of infection from live birds, report ... peanut butter contaminated with salmonella has dominated the headlines ... is also prevalent in live poultry. , The Jan. ... and Prevention,s Morbidity and Mortality Weekly Report ...
... in a patient,s immune system that may lead to safer therapies ... as potential new ways to treat transplant rejection. , ... ... an abnormality in a patient,s immune system that may lead to ...
... Calif., Jan. 22 The following is a statement ... SEIU Trusteeship Hearing Officer Ray Marshall ruled against ... the founding of the Service Employees International Union in ... President the right to take over a local union. ...
... 22 Methodist Dallas Medical Center has been named ... in Community Service Award. The hospital is being honored ... The award was presented Jan. 22 at THA,s annual ... has screened more than 50,000 men since 2000, when ...
... in Financial Malpractice, Lays Out Recommendations to Protect Members ... Together for ChangeWASHINGTON, Jan. 22 In his Report ... on the trusteeship matter involving United Healthcare Workers - ... Marshall, the outside hearing officer, found that "Leaders of ...
... 22 At a meeting of its Board of Directors, ... on both the Common and Preferred Stock of the Company.A ... shares of Common Stock was declared payable on March 2, ... on February 13, 2009. In addition, a dividend of ...
Cached Medicine News:Health News:Salmonella Common In U.S. Poultry 2Health News:Salmonella Common In U.S. Poultry 3Health News:UCSF Finds Potential New Antibody Treatment for Autoimmune Diseases 2Health News:UCSF Finds Potential New Antibody Treatment for Autoimmune Diseases 3Health News:UHW Statement on Ray Marshall Trusteeship Recommendations 2Health News:Methodist Health System Prostate Cancer Screening Program Wins Statewide Community Service Award 2Health News:Methodist Health System Prostate Cancer Screening Program Wins Statewide Community Service Award 3Health News:SEIU IEB Unanimously Adopts Secretary Marshall's Report; UHW Given 5 Days to Comply with Union's Democratic Process and Decisions 2Health News:SEIU IEB Unanimously Adopts Secretary Marshall's Report; UHW Given 5 Days to Comply with Union's Democratic Process and Decisions 3
(Date:9/15/2014)... HAMILTON, N.J. , Sept. 15, 2014 /PRNewswire-iReach/ ... Bennett , University of South Carolina, submitted a ... FDA Commissioner, asking the FDA to add another ... antibiotic drug labels.  This request asks for a ... events:  "toxic psychoses, hallucinations, paranoia, suicidal thoughts or ...
(Date:9/15/2014)... and BRUSSELS , Sept. 15, 2014 ... UCB (Euronext Brussels:UCB) today announced results from several exploratory ... postmenopausal women with low bone mineral density (BMD). Romosozumab ... work by inhibiting the protein sclerostin, thereby increasing bone ... at the American Society for Bone and Mineral Research ...
(Date:9/15/2014)... DALLAS , Sept. 15, 2014 /PRNewswire-iReach/ -- MedicOne ... ambulance transport services, has been selected by Inc. ... companies in America. Photo - ... Inc. 500|5000 list identifies successful, privately-held companies with ... MedicOne Medical Response, one of only two ambulance ...
Breaking Medicine Technology:Quinolone Vigilance Foundation Supports Citizen Petition Requesting Another Black Box Warning for Levaquin, Cipro, Avelox 2Quinolone Vigilance Foundation Supports Citizen Petition Requesting Another Black Box Warning for Levaquin, Cipro, Avelox 3New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 2New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 3New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 4New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 5New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 6New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 7New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 8New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 9New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 10New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 11New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 12New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 13New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 14New Analyses Of Phase 2 Study Presented At ASBMR Show Romosozumab Treatment Resulted In Continued Increases In Bone Mineral Density 15MedicOne Medical Response Named to 2014 Inc. 5000 Fastest Growing Companies List 2MedicOne Medical Response Named to 2014 Inc. 5000 Fastest Growing Companies List 3
... The SmartDriver System consists of a pistol-grip ... Power, with a wide range of couplers ... of orthopedic surgical applications., ,The Battery ... speed compared to the original Battery SmartDriver. ...
... is an evolutionary product for the inside-out ... designed specifically for use with the Collagen ... becoming a new standard for use in ... a unique method to deliver sutures using ...
... Release System is a technological breakthrough in ... a minimally-invasive approach, provides significant patient benefits. ... of the wrist,creates an entry for the ... a standard video camera system, provides a ...
... a safe alternative to using positive displacement ... such as PCR(a), pipetting radioactive materials and ... excellent for tissue culture, gel loading, serological ... aerosol contaminants and liquids from reaching the ...
Medicine Products: