Navigation Links
Chem Rx Corporation Reports First Quarter 2008 Financial Results
Date:5/30/2008

administrative expenses for the first quarter ended March 31, 2008 were $19.1 million, compared to pro forma selling, general and administrative expenses of $15.0 million for the quarter ended March 31, 2007. This $4.1 million increase in selling, general and administrative expenses was attributable to higher expenditures to support the revenue growth in the Company's South Plainfield, New Jersey; Albany, New York; and Sciota, Pennsylvania facilities and start-up costs of the Company's recently opened Deerfield Beach, Florida location. In addition, the Company incurred $0.2 million of expenses associated with the business combination, $0.9 million of professional and consulting fees related primarily with the cost of being a public company and an increase in delivery expenses of $0.8 million due to increased sales and higher fuel costs.

Interest expense and other income were $3.5 million for the three months ended March 31, 2008 and pro forma for the three months ended March 31, 2007, respectively. The Company recorded a benefit for income taxes of $267,000 for the three months ended March 31, 2008, based on the Company's expected effective tax rate of 41% for the year ending December 31, 2008. The Company recorded an income tax provision of $1,000 for the three months ended March 31, 2007 based on the Company's expected effective tax rate of 0.3% for the year ended December 31, 2007. The increase in the effective income tax rate was primarily related to the October 27, 2007 business combination.

Net loss for the first quarter ended March 31, 2008 was $(386,000), or $(0.03) per basic and diluted share, compared to a pro forma net loss of $(293,000), or $(0.03) per pro forma basic and diluted share, for the quarter ended March 31, 2007.

Jerry Silva, Chairman and Chief Executive Officer, commented, "We are very pleased to report our first quarter 2008 results, which mark our continued progress as a public company with an operating business. We co
'/>"/>

SOURCE Chem Rx Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine news :

1. Genaera Corporations 2008 Annual Stockholder Meeting Results
2. Insulet Corporation to Present at the Canaccord Adams Diabetes & Obesity Conference on June 6, 2008
3. AMERIGROUP Corporation to Present at the Goldman Sachs 29th Annual Global Healthcare Conference on June 11
4. CuraGen Corporation Regains NASDAQ Listing Compliance
5. Kewaunee Scientific Corporation Increases Quarterly Dividend
6. Alsius Corporation Awarded Three-Year Agreement With Premier, Inc.
7. Longs Drug Stores Corporation Announced at Its Annual Meeting of Stockholders
8. GenoLogics Releases BioVault Biospecimen Management Software in Partnership With GenVault Corporation
9. Linkwell Corporation Runs 24/7 Disinfectant Operations to Support Chinas Earthquake Relief Efforts
10. Seahorse Bioscience Enters into Agreement with Primetech Corporation to Bring XF Technology to Japanese Market
11. Alsius Corporation Awarded Three-Year Agreement with HealthTrust Purchasing Group
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... Gabe’s Chemo Duck Program is pleased to announce the release ... for kids with cancer. The Chemo Duck App, available on iTunes ... enjoyable games to help children of all ages living with cancer ... keep kids entertained, educated and at ease while waiting for clinic ...
(Date:1/22/2015)... 23, 2015 Angelweddingdress is a famous wedding ... its customers to follow it on Facebook, Twitter, and Pinterest. ... Day gift. Angelweddingdress draws a lottery every week. , Moreover, ... Feb. 28, 2015. Click Angelweddingdress homepage for more ...
(Date:1/22/2015)... Juvent Sports ( http://www.juventsports.com ) and ... Merchandise Show to bestow a Juvent Sports Achievement award ... Arlene McKitrick. The award commemorated and congratulated McKitrick for ... She won her first amateur tournament in 1979 and ...
(Date:1/22/2015)... 22, 2015 For over 20 years, Dr. David ... and Vista area has treated just about every type of ... circumstances. And for those same twenty-plus years, the team at ... those injuries with the best possible doctor. With the ...
(Date:1/22/2015)... 2015 Yesterday, Senator Holly Mitchell ... Kristin Olsen (R-Modesto) were honored by the California ... biotechnology, biomedical science, medical device and pharmaceutical innovation ... the “2014 Life Sciences Champion” award from CHI ...
Breaking Medicine News(10 mins):Health News:Chemo Duck Launches First App Ever Created for Kids with Cancer 2Health News:Chemo Duck Launches First App Ever Created for Kids with Cancer 3Health News:Angelweddingdress Invites Its Customers To Follow It On Facebook, Twitter, And Pinterest 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 2Health News:All-Time Leading Female Amateur Golfer Arlene McKitrick Receives Juvent Sports Achievement Award at 2015 PGA Show 3Health News:Industry Leading Chiropractor in Oceanside Joins the Doctors on Liens Network 2Health News:California Biomedical Community Honors Senator Holly Mitchell, Assemblymembers Susan Bonilla & Kristin Olsen 2Health News:California Biomedical Community Honors Senator Holly Mitchell, Assemblymembers Susan Bonilla & Kristin Olsen 3
... LUCAS, Baja California Sur, Mexico, Feb. 4 The,7,000 ... will debut,on February 25, 2008 at Casa Dorada Los ... and Western spa philosophies, the Spa,s,signature services include a ... in a rhythmic massage that releases tonal,vibrations for physical ...
... Management Team (ASX: PGL; Nasdaq: PGLA) will be,conducting an ... time) and Monday 4 February at 5:00pm US EST., ... the Cellgate, Inc.,acquisition and will be available to answer ... the relevant presentation at: http://www.progen-pharma.com , Please ...
... to piece together the intricate series of interactions that ... determined the shape and structure of a binding site ... , In the Feb. 1 issue of Journal ... Qian Niu describe a region on the surface of ...
... Milestone Scientific,Inc. (OTC Bulletin Board: MLSS), the ... Scott Mahnken has joined the,Company,s leadership team as ... a wide range of strategic marketing and,communications initiatives ... sales growth, Mahnken will report directly to Bob ...
... half a million women around the world, including an ... planning methods developed by Georgetown University Medical Centers Institute ... of others use CycleBeads a visual aid developed by ... plan or prevent pregnancy. , Now CycleBeads are ...
... Respected Dermatologist says ,I am revolted by it;, ... WASHINGTON, Feb. 4 A group of,dermatologists, including ... Academy of Dermatopathology in New York City, has ... Recognition" program a,"shocking conflict of interest." The AAD ...
Cached Medicine News:Health News:East Meets West at Cabo San Lucas' New Saltwater Spa, Opening February 2Health News:Progen Investor Teleconference Dial In Details 2Health News:Breaking down Huntington's disease one protein at a time 2Health News:Milestone Scientific Appoints Dental Industry Veteran Scott Mahnken as New Director of Marketing 2Health News:Milestone Scientific Appoints Dental Industry Veteran Scott Mahnken as New Director of Marketing 3Health News:CycleBeads help women manage their fertility 2Health News:American Academy of Dermatology Caught in Pay-for-Play Scandal 2
(Date:1/23/2015)... , Jan. 23, 2015 Tianyin Pharmaceutical Inc. (NYSE ... specializes in the development and sale of patented biopharmaceutical ... active pharmaceutical ingredients (API) today announced the business and ... operation. 1. Following the September 2014 JCM ...
(Date:1/22/2015)... UPI ), a medical device company that develops, manufactures ... today reported financial results for the fiscal 2015 third ... the Company,s Urgent ®  PC Neuromodulation System grew 14.5% ... compared to $3.9 million in the third quarter of ...
(Date:1/22/2015)... OAKS, Calif. , Jan. 22, 2015  Amgen (NASDAQ: ... and full year 2014 financial results on Tuesday, Jan. 27, 2015, ... be followed by a conference call with the investment community at ... Robert A. Bradway , chairman and chief executive officer, and ...
Breaking Medicine Technology:TPI's JCM Updates on Import Registration for International Clients 2TPI's JCM Updates on Import Registration for International Clients 3TPI's JCM Updates on Import Registration for International Clients 4Uroplasty Reports Record Revenue in Fiscal Third Quarter 2Uroplasty Reports Record Revenue in Fiscal Third Quarter 3Uroplasty Reports Record Revenue in Fiscal Third Quarter 4Uroplasty Reports Record Revenue in Fiscal Third Quarter 5Uroplasty Reports Record Revenue in Fiscal Third Quarter 6Uroplasty Reports Record Revenue in Fiscal Third Quarter 7Uroplasty Reports Record Revenue in Fiscal Third Quarter 8Uroplasty Reports Record Revenue in Fiscal Third Quarter 9Uroplasty Reports Record Revenue in Fiscal Third Quarter 10Uroplasty Reports Record Revenue in Fiscal Third Quarter 11Uroplasty Reports Record Revenue in Fiscal Third Quarter 12Uroplasty Reports Record Revenue in Fiscal Third Quarter 13Uroplasty Reports Record Revenue in Fiscal Third Quarter 14Uroplasty Reports Record Revenue in Fiscal Third Quarter 15Uroplasty Reports Record Revenue in Fiscal Third Quarter 16Uroplasty Reports Record Revenue in Fiscal Third Quarter 17Uroplasty Reports Record Revenue in Fiscal Third Quarter 18Amgen Announces Webcast of 2014 Fourth Quarter and Full Year Financial Results 2
... N.C., Aug. 10, 2011 YASOO Health Inc, Morrisville, ... formulated to supplement the levels of dietary iron for ... in their diets ( www.yasooproducts.com/ironup ). (Photo: ... a great-tasting grape flavored liquid iron supplement from a ...
... Q2 2011 Highlights (compared to Q2 2010): ... Product revenue rose 17% to $102.6 million Masimo SET® ... Masimo rainbow revenue rose 26% to $9.1 million GAAP ... $0.01 in one-time expenses.  Excluding the prior period one-time items, GAAP ...
Cached Medicine Technology:YASOO Health Introduces IronUp™ 2Masimo Reports Second Quarter 2011 Financial Results 2Masimo Reports Second Quarter 2011 Financial Results 3Masimo Reports Second Quarter 2011 Financial Results 4Masimo Reports Second Quarter 2011 Financial Results 5Masimo Reports Second Quarter 2011 Financial Results 6Masimo Reports Second Quarter 2011 Financial Results 7Masimo Reports Second Quarter 2011 Financial Results 8
... CT is a completely automated, ... performing clotting assays in random ... method of sample management offers ... of STAT samples without the ...
... Alpha Fetoprotein (AFP) is a 68 kDa protein, ... the fetal liver and yolk sac [1]. ... weeks gestation, and production rates reach 19-26 g/min ... and estimates of total fetal AFP continue to ...
... movement is critical to ... Thats why this scale ... to do just that. ... technology, these wheelchair scales ...
... Inovise Medicals AUDICOR is the ... medical professionals worldwide quickly rule-in cardiac ... coronary syndrome, and other high-risk cardiac ... the existing workflow, AUDICOR products enable ...
Medicine Products: