Navigation Links
HealthWarehouse.com Reports 43% Revenue Growth Year-Over-Year
Date:8/16/2011

CINCINNATI, Aug. 16, 2011 /PRNewswire/ -- HealthWarehouse.com, Inc. (OTC: HEWA) a leading VIPPS accredited retail mail-order pharmacy, today announced its financial results for the quarter ended June 30, 2011.

For the quarter ended June 30, 2011, the Company's net sales increased $753,059 to $2,519,721, up 43% compared to the same period in 2010. This was driven by growth in the Company's prescription business. Prescriptions filled increased from 15,191 to 37,458, up 147% year-over-year.  Gross margins increased from 27.4% to 44.3% year-over-year due to prescription orders becoming a larger part of the product mix.

Selling, general and administrative expenses increased by $1,062,069 for the quarter ended June 30, 2011 compared to the same period in 2010. Net loss for the quarter ended June 30, 2011 increased to $1,100,094, as compared with a net loss of $649,329 for the same period in 2010. The increase in SG&A expenses and net loss was due primarily to the expansion of personnel to handle growth in prescription sales as well as non-cash and one time charges.

"We are pleased to report strong revenue and gross margin growth again in the quarter," said Lalit Dhadphale, President and CEO of HealthWarehouse.com. "With prescription growth of 147% year-over-year, it is clear that customers are looking for an alternative to expensive, brick-and-mortar pharmacies. We look forward to further broadening our customer base and continuing our growth."

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations
'/>"/>

SOURCE HealthWarehouse.com, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. HealthWarehouse.com and PrimaryCareOne Form Partnership to Provide Low Cost Prescription Medications to Patients
2. HealthWarehouse.com, Inc. Secures $1 Million in Debt Financing
3. HealthWarehouse.com, Inc. Announces Third Quarter Financial Results; Revenues, Margins, and Orders Shipped Increase Over Third Quarter 2008
4. HealthWarehouse.com Receives VIPPS Accreditation From The National Association of Boards of Pharmacy
5. HealthWarehouse.com Now Offers Over 1,000 Medications Under $25 Bringing Increased Affordability to Consumers
6. HealthWarehouse.com Reports 106% Revenue Growth in the Second Quarter 2010 Compared to 2009
7. HealthWarehouse.com Partners with Columbia Medical Associates to Bring Affordable Healthcare to Washington State
8. HealthWarehouse.com Places $3.3 Million in Preferred Stock and $1 Million in Convertible Debt
9. HealthWarehouse.com and Huntington Insurance Partner to Help Self-Insured Employers in the Midwest Save on Prescription Medications
10. HealthWarehouse.com Acquires Online Division of Hocks Pharmacy
11. HealthWarehouse.com to Present at Upcoming Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/6/2015)... HILL, N.C. , March 6, 2015 /PRNewswire/ ... find it challenging to prove the value of ... advances in technology, along with plummeting resources, corporate ... According to recent research by benchmarking ... of change impacting corporate library services. Many companies ...
(Date:3/6/2015)... -- The Alliance for Safe Biologic Medicines ... on its approval of the first biosimilar to be ... Novartis, Zarxio (filgrastim-sndz), biosimilar to Amgen,s Neupogen (filgrastim), was ... advisory panel that it be approved for all five ... "The approval of the first biosimilar is a ...
(Date:3/6/2015)... CRANBURY, N.J. , March 6, 2015  Palatin Technologies, ... presenting at the 27 th Annual ROTH Conference on ... conference will be held at the Ritz Carlton Laguna Niguel ... Carl Spana , Ph.D., President and Chief Executive ... corporate and development programs. About Palatin ...
Breaking Medicine Technology:Forces of Change Impacting Corporate Library Services 2ASBM Commends FDA for Approval, Clear Naming of First Biosimilar 2
... Nov. 3, 2011 Dyadic International, Inc. ("Dyadic") ... on the discovery, development, manufacture and sale of ... enzyme and biopharmaceutical industries, today announced financial results ... (Logo: http://photos.prnewswire.com/prnh/20110621/CL06708LOGO) The financial information ...
... VIVUS, Inc. (NASDAQ: VVUS ) today announced that ... the peer-reviewed journal of The Obesity Society. The EQUIP study ... 1,267 severely obese (BMI >/= 35 kg/m 2 ) patients across ... of 14.4% of initial body weight among those who completed the ...
Cached Medicine Technology:Dyadic International Reports 2011 Third Quarter Financial Results 2Dyadic International Reports 2011 Third Quarter Financial Results 3Dyadic International Reports 2011 Third Quarter Financial Results 4Dyadic International Reports 2011 Third Quarter Financial Results 5Dyadic International Reports 2011 Third Quarter Financial Results 6Dyadic International Reports 2011 Third Quarter Financial Results 7Qnexa® Phase 3 Data Published In Obesity Show 14.4% Average Weight Loss In Severely Obese Patients Completing One Year Of Treatment 2Qnexa® Phase 3 Data Published In Obesity Show 14.4% Average Weight Loss In Severely Obese Patients Completing One Year Of Treatment 3Qnexa® Phase 3 Data Published In Obesity Show 14.4% Average Weight Loss In Severely Obese Patients Completing One Year Of Treatment 4Qnexa® Phase 3 Data Published In Obesity Show 14.4% Average Weight Loss In Severely Obese Patients Completing One Year Of Treatment 5Qnexa® Phase 3 Data Published In Obesity Show 14.4% Average Weight Loss In Severely Obese Patients Completing One Year Of Treatment 6
(Date:3/6/2015)... 2015 Sanjay Gupta, MD, CNN’s ... keynote address at ATA 2015, the American Telemedicine ... Show and world’s largest telemedicine, telehealth and mHealth ... medical correspondence for several of CNN’s headlining programs ... including his DuPont Award winning WEED series. He ...
(Date:3/6/2015)... Califia Farms , the fastest-growing ... products coffee drinks category, has been selected as a ... for its Double Espresso Pure Iced Coffee Almondmilk. ... test to find the best, healthiest and cleanest edible ... , “As a company dedicated to sustainable and mindful ...
(Date:3/6/2015)... San Jose, California (PRWEB) March 06, 2015 ... prosthetics and implants such as bridges and crowns, abutments ... suffering from conditions caused by decayed teeth and missing ... prosthetic and implant consumables is driven by an aging ... dental technologies. With about 4%-5% of the 65+ population ...
(Date:3/6/2015)... 2015 Parents need to start the ... substance use disorders. School programs like DARE, or Drug ... NOPE, or Narcotics Overdose Prevention and Education has already ... Healthline News on Feb. 27th. As teens continue ... drugs, drug prevention proponents are lobbying Florida to pass ...
(Date:3/6/2015)... As the Association of American Medical Colleges' ... by 2025 is updated this week and debated in ... preparing by analyzing demographics and pursuing viable solutions for ... factors including the increasing number of retiring doctors, increasing ... Care Act and an uneven distribution of new doctors ...
Breaking Medicine News(10 mins):Health News:CNN’s Dr. Sanjay Gupta Among Headliners at American Telemedicine Association 2015 Annual Meeting 2Health News:Prevention Magazine Names Califia Farms Winner of 2015 Cleanest Packaged Food Award 2Health News:Prevention Magazine Names Califia Farms Winner of 2015 Cleanest Packaged Food Award 3Health News:Aging Population & Emphasis on Dental Care Drives the Dental Prosthetic & Implant Consumables Market, According to a New Report by Global Industry Analysts, Inc. 2Health News:Aging Population & Emphasis on Dental Care Drives the Dental Prosthetic & Implant Consumables Market, According to a New Report by Global Industry Analysts, Inc. 3Health News:A Harbor Village Detox Clinical Psychologist Encourages School Programs like NOPE to Positively Impact Awareness of Substance Use Disorders 2Health News:Susquehanna Health Plans Progressively to Prevent Projected Physician Shortfall 2Health News:Susquehanna Health Plans Progressively to Prevent Projected Physician Shortfall 3Health News:Susquehanna Health Plans Progressively to Prevent Projected Physician Shortfall 4
... of rivaroxaban cut risk of venous thromboembolism, study finds ... of the oral drug rivaroxaban helps prevent potentially fatal ... say. , The risk of venous thromboembolism (VTE) is ... persist after a patient leaves hospital. Current guidelines recommend ...
... Family -, LEXINGTON, Mass., June 25 Instrumentation Laboratory,(IL) ... the ACL,TOP software V3.0.0. This clearance allows IL to market ... States as a member of the ACL TOP,Family of analyzers., ... of the ACL,TOP Family, including the highly successful ACL TOP ...
... existing business in Philadelphia, New York and Phoenix, ... Melbourne, Fla., and San Antonio, BRENTWOOD, Tenn., ... care and care management services for,frail and chronically ... acquire Care Level Management of Woodland Hills, Calif. ...
... data indicates smokers may avoid medication when quitting, ... the safety of a prescription smoking cessation therapy. A ... and caused confusion,among a significant percentage of smokers who ... to quit. Moreover, the survey shows many smokers,are avoiding ...
... KONG, June 25 /Xinhua-PRNewswire-FirstCall/ -- Golden Meditech,Company Limited ... is pleased to announce its annual results for ... remarkable organic growth of core businesses,and exceptional gains ... of HK$713,653,000, a jump of 209% over last ...
... Executive,Director, Diana Fuentes-Michel today urged eligible nursing ... for college to immediately apply,for the 2007-08 academic ... programs. The deadline for applications is June 30, ... to be aware of all available,resources to help ...
Cached Medicine News:Health News:Oral Drug Helps Prevent Clotting After Hip Replacement 2Health News:Instrumentation Laboratory Launches ACL Top(R) 500 CTS Hemostasis Testing System 2Health News:INSPIRIS Acquires Care Level Management 2Health News:Recent Safety News About Smoking Cessation Therapies Leaving Smokers Confused, More Reluctant to Quit 2Health News:Recent Safety News About Smoking Cessation Therapies Leaving Smokers Confused, More Reluctant to Quit 3Health News:Recent Safety News About Smoking Cessation Therapies Leaving Smokers Confused, More Reluctant to Quit 4Health News:Recent Safety News About Smoking Cessation Therapies Leaving Smokers Confused, More Reluctant to Quit 5Health News:China's Leading Healthcare Market Player Records 200% Increase in Profits and Earnings 2Health News:Nursing Loan Forgiveness Programs -- More Applicants Needed by June 30, 2008 2
... hormone (FSH) is a glycoprotein hormone ... Like hCG, LH and TSH, the ... dimer consisting of alpha- and beta-subunits. ... by gonadotropin-releasing hormone (GnRH) from the ...
... Direct to High Res SSP kits provide high resolution ... Locus specific typing on a single tray reduces QC ... from genomic DNA to high resolution results, no need ... with a single tray , Unique reaction pattern for ...
... Res SSP kits provide high resolution typing of the ... on a single tray reduces QC and testing costs ... to high resolution results, no need for initial low ... tray , Unique reaction pattern for most common alleles ...
... SSP method utilizes allele-specific primer combinations in ... the principle that only primers whose sequence ... will be converted by the polymerase into ... no amplification product. Using the Biotest SSP ...
Medicine Products: