Diluted E.P.S. of $0.07 in First Half of FY2008
Second quarter highlights:
- 20% Revenue Increase
- 31% Gross Profit Increase
- 137% Operating Profit Increase
- 267% 'Bottom line' Improvement
- Tax Benefit of $377 k adds 1 cent to E.P.S.
CHICAGO, May 14 /PRNewswire-FirstCall/ -- The Female Health Company (Amex: FHC) which manufactures and markets the FC and FC2 Female Condoms(R), today reported its operating results for the second quarter and first half of FY2008. The Company will host an investor conference call today, May 14, 2008, at 11:00 a.m. Eastern Time to discuss its operating results and other topics of interest (see details below).
For the three months ended March 31, 2008, the Company's net revenues increased 20% to approximately $6.4 million, compared with approximately $5.3 million in the three months ended March 31, 2007. The Company's net income attributable to common stockholders increased 267% to $1,165,936, or $0.04 per diluted share, during the second quarter of FY2008, compared with $317,348, or $0.01 per diluted share, in the corresponding period of the previous fiscal year.
Gross profit increased 31% to $2.7 million (41.8% of revenue) in the most recent quarter, compared with $2.0 million (38.2% of revenue) in the second quarter of FY2007. Operating income increased 137% to $827,133 (12.9% of revenue) in the three months ended March 31, 2008, compared with operating income of $348,820 (6.6% of revenue) in the quarter ended March 31, 2007.
The Company expects significant quarter to quarter variations due to
the receipt of large orders, p
|SOURCE The Female Health Company|
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