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The Female Health Company Reports 67% Increase in Second Quarter Earnings
Date:5/8/2009

Operating Income Rises 172% to Record $2.3 Million

CHICAGO, May 8 /PRNewswire-FirstCall/ --

Second quarter highlights:

  • 172% Operating Profit Increase to $2.3 Million
  • Gross Profit Margin widens to 53% of net revenues vs. 42% in prior year quarter
  • 46% Gross Profit Increase
  • E.P.S. of $0.07 vs. $0.04 in prior-year quarter

Year-to-date highlights:

  • Gross Margin widens to 50% of net revenue vs. 42% in first half of fiscal year 2008
  • Operating income up 73%
  • Operating margin widens to 21% of revenues vs. 13% in first half of FY2008
  • E.P.S. rise 85% to $0.13 vs. $0.07 in first half of FY 2008

The Female Health Company (NYSE Amex: FHC), which manufactures and markets the FC and FC2 Female Condom(R), today reported its operating results for the second quarter and first half of FY2009. The Company will host an investor conference call at 11:00 a.m. Eastern Time today, May 8, 2009, to discuss its operating results and other topics of interest (see details below).

For the three months ended March 31, 2009, the Company's net revenues increased 14% to $7.3 million, compared with $6.4 million in the three months ended March 31, 2008. For the quarter ended March 31, 2009, unit sales increased 21% over the same period in FY 2008. The Company's net income attributable to common stockholders increased 67% to $1,951,786, or $0.07 per diluted share, during the second quarter of FY2009, compared with $1,165,936, or $0.04 per diluted share, in the corresponding period of the previous fiscal year.


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SOURCE Female Health Company
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