Navigation Links
HealthWarehouse.com Reports 82% Quarter-Over-Quarter Revenue Growth in the First Quarter 2011
Date:5/24/2011

CINCINNATI, May 24, 2011 /PRNewswire/ -- HealthWarehouse.com, Inc. (OTC: HEWA) a leading VIPPS accredited retail mail-order pharmacy, today announced its financial results for the first quarter ended March 31, 2011.

In the first quarter of 2011, the Company's quarterly net sales increased $1,031,003 to $2,284,552, up 82% compared to the same period in 2010. This growth was driven by strength in its prescription business and the acquisition of the online division of Hocks Pharmacy.  Prescriptions filled increased from 10,308 to 32,472, up 215% compared to the same period in 2010.  

Selling, general and administrative expenses (SG&A) increased by $1,054,880 in the first quarter of 2011 compared to the same period in 2010.  Net loss in the first quarter of 2011  increased to $1,071,279, as compared with a net loss of $318,906 for the same period in 2010. The increase in SG&A expenses and net loss was due primarily to the expansion of resources to handle growth of the Company's prescription sales.

"We are pleased by the progress we are making in the growth of our business," said Lalit Dhadphale, President and CEO of HealthWarehouse.com. "We continue to execute well in our fast growing market by taking share, offering superior customer service and expanding our sales channels."

About HealthWarehouse.com, Inc.

HealthWarehouse.com, Inc. (OTC: HEWA) is a trusted VIPPS accredited 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 & 2010 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 all 50 states and only sells drugs which are FDA-approved and legal for sale in the United States.  Visit HealthWarehouse.com online at http://www.HealthWarehouse.com.


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

Related medicine technology :

1. HealthWarehouse.com, Inc. to Present Live at RetailInvestorConferences.com on May 5th
2. HealthWarehouse.com Reports 278% Year-Over-Year Prescription Growth
3. Consumer Reports Finds HealthWarehouse.com Has Lowest Total Price for Lipitor, Nexium, Plavix, and Singulair
4. HealthWarehouse.com Launches Application of Google Commerce Search for Prescription Medications
5. HealthWarehouse.com to Present at Upcoming Conference
6. HealthWarehouse.com Acquires Online Division of Hocks Pharmacy
7. HealthWarehouse.com and Huntington Insurance Partner to Help Self-Insured Employers in the Midwest Save on Prescription Medications
8. HealthWarehouse.com Places $3.3 Million in Preferred Stock and $1 Million in Convertible Debt
9. HealthWarehouse.com Partners with Columbia Medical Associates to Bring Affordable Healthcare to Washington State
10. HealthWarehouse.com Reports 106% Revenue Growth in the Second Quarter 2010 Compared to 2009
11. HealthWarehouse.com Now Offers Over 1,000 Medications Under $25 Bringing Increased Affordability to Consumers
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2016)... 24, 2016 Een app die ... zij collectief patiënten kunnen behandelen, hun kennis kunnen delen ... achter de nieuwe en revolutionaire MDLinking App, ontwikkeld door ... vaatchirurg dr. Hans Flu en oncologisch chirurg dr. ... beschikbaar is, wordt op dinsdag 24 mei officieel gepresenteerd ...
(Date:5/23/2016)... May 23, 2016 Transparency Market ... Exocrine Pancreatic Insufficiency Market - Global Industry Analysis, Size, ... According to the report, the exocrine pancreatic insufficiency market ... from 2015 to 2023 to reach US$2.85 Bn by ... condition characterized by the deficiency of the exocrine pancreatic ...
(Date:5/23/2016)... 23, 2016 Non-invasive diagnostic test ... multiple diseases; ,Technology to be presented at Yissum’s booth, ... Research Development Company of the Hebrew University of Jerusalem ... agreement with Aurum Ventures MKI, the technology investment arm of ... new diagnostic approach for early detection of multiple diseases ...
Breaking Medicine Technology:
(Date:5/25/2016)... ... 2016 , ... Indiana Fiber Network, LLC (IFN), the leading ... as a fiber transport provider. IFN provided Lake City Bank with network services ... , “IFN provides fiber transport to Lake City Bank, which includes protected ...
(Date:5/25/2016)... ... 2016 , ... Today Omega Institute, a leading destination for yoga education in ... opportunities in the growing field of yoga therapy . Yoga therapy adapts ... specific health issues—including injuries, illnesses, and temporary or chronic health conditions. , “Yoga therapy ...
(Date:5/25/2016)... ... May 25, 2016 , ... Afrimesure specializes ... medical and pharmaceutical, to food and HVAC facilities. Their knowledgeable staff also takes ... , For medical applications, Afrimesure offers a variety of MadgeTech systems available for ...
(Date:5/25/2016)... Pittsburgh, Pa. (PRWEB) , ... May 25, 2016 , ... ... announced today that Carol Reichbaum, M.S.L., M.S.P.A., of the University of Pittsburgh Graduate ... , The Fellowship will enable Ms. Reichbaum and 24 other advocates from around the ...
(Date:5/25/2016)... ... May 25, 2016 , ... Researchers from SUNY State College of Optometry ... work on visual evoked potential and human attention. The article, VEP and Human ... Diopsys® NOVA™ ERG and VEP Vision Testing System (Diopsys, Inc., Pine Brook, NJ) ...
Breaking Medicine News(10 mins):