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:9/19/2017)... , Sept. 19, 2017 HistoSonics, Inc., a venture-backed medical device company developing ... of targeted tissues, announced three leadership team developments today:   ... ... ... Veteran medical device executive Josh Stopek ...
(Date:9/18/2017)... Sept. 18, 2017 EpiVax, Inc. ... bioinformatics and immune engineering, today announced a ... A (H7N9) vaccine. ... seasonal influenza and presents a challenge for ... exposure to be effective. Using state-of-the-art bioinformatics and ...
(Date:9/12/2017)... 2017  Consumer reviews on the independent review site Consumer ... one company for hearing aids, ranking it higher than Miracle ... ... Consumers For Hearing Aids ... an online store that provides high performance, state-of-the-art, German-engineered hearing aids ...
Breaking Medicine Technology:
(Date:9/25/2017)... ... September 25, 2017 , ... ... announced today the addition of an affiliate in Minneapolis-St. Paul, MN, Dr. Adam ... accelerated detox, Naltrexone therapy and aftercare planning through his Timewise Medical practice in ...
(Date:9/25/2017)... ... 2017 , ... SyncDog, Inc., the leading ISV ... will be available in a managed cloud services model, available from its new ... new enhancements including support for caller ID and network sharing for remote users, ...
(Date:9/25/2017)... Church, VA (PRWEB) , ... September 25, 2017 ... ... & Trump, **An FDAnews Webinar**, Oct. 12, 2017 — 1:30 p.m. – 3:00 ... off to a running start. Just look what’s happened in four short months:, ...
(Date:9/25/2017)... ... September 25, 2017 , ... The award is named in honor of Betty ... year the award is given to those who exemplify the mission of Community Options ... in communities of their choosing. Recent recipients of this award include Governor Tom Kean, ...
(Date:9/25/2017)... ... September 25, 2017 , ... Just ask anyone old enough ... or 1980s, with headgear so wired up and containing so much metal that jokes ... so discreet that its treatments can barely be observed. As a result, it’s now ...
Breaking Medicine News(10 mins):