Navigation Links
Assured Pharmacy Reports Financial Results for the Third Quarter of 2011
Date:11/16/2011

FRISCO, Texas, Nov. 16, 2011 /PRNewswire/ -- Assured Pharmacy (APHY.PK: pinksheets), a leading specialty pharmacy group providing prescription medications to sufferers of chronic pain, announced net sales of $4,029,590 for the quarter ended September 30, 2011, a decrease of $244,893 or 5.7%, from $4,274,483 for the third quarter of 2010.  Basic and diluted net loss per share was $0.20 for the third quarter 2011, a 76.7% improvement compared to $0.87 net loss per share in the same period in 2010.

The decrease in sales for the third quarter of 2011 was primarily a result of a decrease in revenue per prescription due to increased generic utilization by our patients and to a lesser extent a decrease in management service fee revenue of $75,000. As a result of the increase in generic utilization, however, our gross profit margins on prescription revenue increased to 20.1% for the third quarter 2011, up from 17.8% in the same period in 2010.  The number of prescriptions filled increased by 241 prescriptions or 0.8%, with 28,847 prescriptions filled in the quarter ended September 30, 2011 compared to 28,606 for the third quarter 2010.  

Net sales for the nine months ended September 30, 2011 increased by $774,298, or 6.5% to $12,617,710 from $11,843,412 in 2010.  Our loss from operations decreased 45.6% to $912,470 for the nine months ended September 30, 2011 from a $1,675,865 loss for the same period in 2010.  The decrease in our loss from continuing operations resulted from increased sales in the first and second quarter, increased gross profit margins and reduced operating expenses as a result of cost control initiatives.  Basic and diluted net loss per share were $0.55 for the nine months ended September 30, 2011, a 72.7% improvement compared to a $2.02 net loss per share in the same period in 2010.

"We are pleased with year-over-year performance improvement for the third quarter.  The improved results reflect
'/>"/>

SOURCE Assured Pharmacy, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Assured Pharmacy, Inc. Receives Gross Proceeds of $400,000 from Sale of Convertible Debentures and Warrants
2. Assured Pharmacy Signs Lease in Kansas City, Kansas for its Fifth Pharmacy Location
3. Assured Pharmacy Upgrades to OTC Pink Current Information
4. Assured Pharmacy Engages The Investor Relations Group
5. Assured Pharmacy, Inc. Receives Gross Proceeds of $200,000 from Sale of Convertible Debentures and Warrants
6. Assured Pharmacy Completes Audit of 2010 Financial Statements
7. Assured Pharmacy Announces Reverse Stock Split
8. Assured Pharmacy Reports Same Store Sales for the Month of January 2011
9. Assured Pharmacy Completes Audit of 2008-2009 Financial Statements
10. Assured Pharmacy Reports Same Store Sales for the Month of December 2010
11. Assured Pharmacy, Inc. Receives Gross Proceeds of $300,000 from Sale of Convertible Debentures and Warrants
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/28/2014)... Resources Group finds that the market for colorectal cancer (CRC) ... in the United States , ... Italy , Spain , the ... . The biosimilar erosion of Roche/Genentech/Chugai,s Avastin and Bristol-Myers Squibb/Eli ... of Eli Lilly,s Cyramza, Taiho Pharmaceutical,s Lonsurf, Alchemia,s HA-irinotecan and ...
(Date:8/28/2014)... YORK , Aug. 28, 2014 Levi ... been commenced in the United States District Court for ... behalf of investors who purchased Galectin Therapeutics Inc. ("Galectin" ... 2014 and July 28, 2014. For more ... complaint alleges that during the Class Period the Company ...
(Date:8/28/2014)... , Aug. 28, 2014 Nonin Medical, ... leader in noninvasive medical monitoring, today announced that the ... Model 3231 OEM/eHealth finger pulse oximeter for use in ... pulse oximeter plugs into a telemedicine hub or kiosk ... pulse rate in pediatric to adult patients. The Model ...
Breaking Medicine Technology:The Colorectal Cancer Market Will Remain Steady at $7.7 Billion by 2023, With Biosimilar Erosion Of Key Agents Being Balanced Out By the Launch Of Premium-Priced Therapies 2SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Galectin Therapeutics Inc. and Its Board of Directors and a Lead Plaintiff Deadline of September 29, 2014 -- GALT 2Nonin Medical Announces FDA Clearance of Nonin Model 3231 USB Pulse Oximeter 2
... and Company (NYSE: LLY ) today issued ... and chief executive officer about his meeting today with ... job creation, American innovation and competiveness: "It,s ... and take part in this very important dialogue today ...
... Dec. 15, 2010 Johnson & Johnson (NYSE: ... Worldwide Chairman, Medical Devices & Diagnostics (MD&D) and Sheri ... Chairmen of the Executive Committee and join William C. ... in an expanded Office of the Chairman.  Both appointments ...
Cached Medicine Technology:Lilly Statement Regarding President Obama's Meeting With U.S. Business Leaders 2Johnson & Johnson Announces Executive Appointments: Alex Gorsky, Vice Chairman, Executive Committee Sheri McCoy, Vice Chairman, Executive Committee 2Johnson & Johnson Announces Executive Appointments: Alex Gorsky, Vice Chairman, Executive Committee Sheri McCoy, Vice Chairman, Executive Committee 3
(Date:8/29/2014)... 2014 AttorneyOne.com, a recognized authority on law, ... the FDA on sterile convenience surgical packs . , ... convenience surgical packs, by Customed Inc., are recalled ... for the recall is a potential defect found due to ... and infection. The affected products’ manufacture dates were from January ...
(Date:8/29/2014)... (PRWEB) August 29, 2014 The Florida ... the Hyatt Regency Orlando last week August 21-24 and ... returned as a presenter. , Dr. Greenstein ... the 21st Century was a standing room session; (2) ... – Doctors of Chiropractic Leading the Way in Injury ...
(Date:8/29/2014)... Canadian Healthy Vending , the largest healthy ... survey of its 200 operators from every region of ... appeal to Canadian consumer seeking refreshment at healthy vending ... five selling healthy snacks and top five selling healthy ... for consumers, employers, and families. Everyone wants to eat ...
(Date:8/29/2014)... 29, 2014 The Department of ... Administration (FDA), Center for Food Safety and Applied ... indefinite quantity (IDIQ) contract and the first two ... “Development, Modernization and Enhancement (DME) for FARM VI” ... , Overarching contract objectives include:, , ...
(Date:8/29/2014)... Under Section 946.300, Qualifications for the Certifying Physician, ... not…advertise in a cultivation center or a dispensing organization.” ... of Illinois has done is create a level of ... their care. The goal is to create a level ... typical prescription medications. Medical steering is a serious issue ...
Breaking Medicine News(10 mins):Health News:Sterile Convenience Surgical Packs by Customed, Inc. Recalled: AttorneyOne Monitors and Keeps Consumers Informed 2Health News:Sport and Spine Rehab’s CEO Presents at the Florida Chiropractic Association National Convention and Expo 2014 2Health News:Survey Results: What Products Do Canadians Want in Their Healthy Vending Machines? 2Health News:Survey Results: What Products Do Canadians Want in Their Healthy Vending Machines? 3Health News:Team VersaTech and CRGT Win HHS FDA Contract to Support Food Applications Regulatory Management (FARM) System Upgrade 2Health News:Team VersaTech and CRGT Win HHS FDA Contract to Support Food Applications Regulatory Management (FARM) System Upgrade 3Health News:Medical Marijuana Company Provides Solution for Illinois Marketing Regulations 2
... NANJING, China, Aug. 5 /PRNewswire-Asia/ -- Simcere Pharmaceutical ... supplier of branded generic and,innovative anti-cancer pharmaceuticals in China, ... quarter results on Monday, August 17, 2009,after the market ... Ren, and chief financial officer, Frank Zhigang Zhao, will,host ...
... , FORT LAUDERDALE, Fla., Aug. 5 ... leading provider of convenient at-home diet, fitness and healthy lifestyle solutions, today ... results after the U.S. equity markets close on Wednesday, August 12, 2009. ... conference call for investors the following day, Thursday, August 13, beginning at ...
... , PARSIPPANY, N.J., Aug. 5 DSM ... facility has received the( )Potent Compound Safety Certification from ... The Certification is for competency and proficiency in the ... potent drug products, and applies to the site,s potent ...
... , HACKENSACK, N.J., Aug 5 ReGen Biologics, a ... regarding its Menaflex collagen meniscus implant that were made in a ... party unaffiliated with the company. ReGen was unaware of ... on the Internet. The statements made in the release do ...
... , , , ... Michigan-based company dedicated to providing custom filling solutions, is now manufacturing ... for this product category in the market. The product line includes ... a growing trend in the hand-sanitizer market for more gentle formulas ...
... , SAN FRANCISCO, Aug. 5 ... to a study just published in the Journal of Gerontology ... risk for poor health outcomes and complications from other disorders. ... ongoing study of healthy adults aged 65 and older funded ...
Cached Medicine News:Health News:Simcere Pharmaceutical Group to Announce 2009 Second Quarter Earnings on Monday, August 17, 2009 2Health News:eDiets.com(R) to Report Second Quarter Fiscal 2009 Results on Wednesday, August 12, 2009 2Health News:DSM Announces SafeBridge(R) Potent Compound Safety Certification 2Health News:DSM Announces SafeBridge(R) Potent Compound Safety Certification 3Health News:ReGen Biologics Clarifies Recent Press about the Menaflex Device 2Health News:Brain Fitness Reduces Risk of Onset of Depressive Symptoms 2
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
Medicine Products: