Navigation Links
HealthWarehouse.com Reports 106% Revenue Growth in the Second Quarter 2010 Compared to 2009
Date:8/17/2010

CINCINNATI, Aug. 17 /PRNewswire-FirstCall/ -- HealthWarehouse.com, Inc. (OTC Bulletin Board: HEWAD) a leading retail mail-order pharmacy, today announced its financial results for the second quarter ended June 30th, 2010.

In the second quarter of 2010, the Company's quarterly net sales increased 106% to $1.77 million, up from $858,443, compared to the same period in 2009, driven by growth in prescription and business to business customers. 

Selling, general and administrative expenses ("SG&A") increased by $428,861 for the three months ended June 30th, 2010 compared to the same period in 2009.  Net loss for the three months ended June 30th, 2010 increased 64% to $649,329, as compared with a net loss of $396,271 for the same period in 2009. The increase in SG&A expenses and net loss was due primarily to the expansion of resources to handle growth in prescription sales.

"Consumers are becoming increasingly savvy at managing their prescription drug costs as unemployment remains high and insurance benefits erode for those who are employed," said Lalit Dhadphale, President and CEO of HealthWarehouse.com. "We remain committed to providing consumers relief from high prescription drug costs at a time when they need it most."

About HealthWarehouse.com, Inc.

HealthWarehouse.com, Inc. (OTC Bulletin Board: HEWAD) is a trusted, retail mail-order pharmacy based in Cincinnati, Ohio.  HealthWarehouse.com offers 300 prescription drugs for $3.50 with 100% FREE shipping and is a 2009 winner of the BizRate Circle of Excellence Award for outstanding customer satisfaction and service. With a mission to provide affordable healthcare to every American by eliminating inefficiencies in the drug distribution chain, HealthWarehouse.com has become one of the fastest growing online pharmacies in the United States. HealthWarehouse.com is licensed in 49 states and only sells drugs which are FDA-approved and legal for sale in the United States.  Visit HealthWarehouse online at www.HealthWarehouse.com.


'/>"/>
SOURCE HealthWarehouse.com, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. HealthWarehouse.com Now Offers Over 1,000 Medications Under $25 Bringing Increased Affordability to Consumers
2. HealthWarehouse.com Receives VIPPS Accreditation From The National Association of Boards of Pharmacy
3. HealthWarehouse.com and PrimaryCareOne Form Partnership to Provide Low Cost Prescription Medications to Patients
4. HealthWarehouse.com, Inc. Secures $1 Million in Debt Financing
5. HealthWarehouse.com, Inc. Announces Third Quarter Financial Results; Revenues, Margins, and Orders Shipped Increase Over Third Quarter 2008
6. Encorium Reports Second Quarter 2010 Financial Results
7. Patient Safety Technologies Reports Second Quarter 2010 Results
8. China Ruitai International Holdings Co., Ltd. Reports Financial Results for the Second Quarter 2010
9. ULURU Inc. Reports Second Quarter 2010 Financial Results
10. U.S. Market for Peripheral Vascular Devices 2010 now Available at ReportsandReports
11. Nephros Reports 2010 Second Quarter Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... , June 23, 2016 ... CAPR ), a biotechnology company focused on the ... announced that patient enrollment in its ongoing randomized ... has exceeded 50% of its 24-patient target. Capricor ... the third quarter of 2016, and to report ...
(Date:6/23/2016)... 23, 2016 Bracket , a leading clinical ... generation clinical outcomes platform, Bracket eCOA (SM) 6.0, at ... 26 – 30, 2016 in Philadelphia , ... Outcome Assessment product of its kind to fully integrate with ... Bracket eCOA 6.0 is a flexible platform for electronic clinical ...
(Date:6/23/2016)... INDIANAPOLIS , June 23, 2016 ... Tomorrow,s Leaders Scholarship is any indication, the future is ... online at www.diabetesscholars.org by the Diabetes Scholars ... in the way of academic and community service excellence. ... program since 2012, and continues to advocate for people ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... June 26, 2016 , ... Many women ... diagnosed with endometriosis. These women need a treatment plan to not only alleviate ... that can help for preservation of fertility and ultimately achieving a pregnancy. The ...
(Date:6/25/2016)... ... 25, 2016 , ... "With 30 hand-drawn hand gesture animations, FCPX users can ... CEO of Pixel Film Studios. , ProHand Cartoon’s package transforms over 1,300 hand-drawn ... X . Simply select a ProHand generator and drag it above media or text ...
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, ... Bronze Wellness at Work award to iHire in recognition of their exemplary accomplishments in ... the 7th annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott in ...
(Date:6/24/2016)... ... ... June 19, 2016 is World Sickle Cell Observance Day. In an effort to ... treatments, Serenity Recovery Center of Marne, Michigan, has issued a pain management ... (SCD) is a disorder of the red blood cells, which can cause episodes of ...
(Date:6/24/2016)... CA (PRWEB) , ... June 24, 2016 , ... ... is now offering micro-osteoperforation for accelerated orthodontic treatment. Dr. Cheng has extensive experience ... Damon brackets , AcceleDent, and accelerated osteogenic orthodontics. , Micro-osteoperforation is ...
Breaking Medicine News(10 mins):