$MDHI News: Medical Alarm Concepts Holding, Inc. A
Post# of 98041
Posted On: 10/10/2014 9:42:58 AM
$MDHI News: Medical Alarm Concepts Holding, Inc. Announces Latest 10-Q Filing, Marking Year-Over-Year Improvements and New Acquisition Opportunities
http://finance.yahoo.com/news/medical-alarm-c...00031.html
The latest March 31, 2014 10-Q filing by Medical Alarm Concepts Holding, Inc. is an important step in keeping shareholders abreast of ongoing developments inside the company. Gross profit margins have improved from 41% in quarter’s end on March 31, 2013 to 79% in quarter’s end on March 31, 2014. Gross profit for quarter’s end on March 31, 2014 increased to $194,958 from the year earlier at $74,061. Revenues for the three months ended March 31, 2014 were $246,903, an increase of 38% over the $179,110 recorded for the corresponding period in 2013.
Nine-month figures also show year over year improvement with Medical Alarm Concepts Holding, Inc. reporting revenues of $768,494 for the nine months ended March 31, 2014 or a 65% improvement over the $464,475 recorded for the corresponding period ended March 31, 2013. The Company believes this change in business direction will lead to stronger growth margins and higher overall sales during future periods.
Profitable & Growing, Strong BUY
http://finance.yahoo.com/news/medical-alarm-c...00031.html
The latest March 31, 2014 10-Q filing by Medical Alarm Concepts Holding, Inc. is an important step in keeping shareholders abreast of ongoing developments inside the company. Gross profit margins have improved from 41% in quarter’s end on March 31, 2013 to 79% in quarter’s end on March 31, 2014. Gross profit for quarter’s end on March 31, 2014 increased to $194,958 from the year earlier at $74,061. Revenues for the three months ended March 31, 2014 were $246,903, an increase of 38% over the $179,110 recorded for the corresponding period in 2013.
Nine-month figures also show year over year improvement with Medical Alarm Concepts Holding, Inc. reporting revenues of $768,494 for the nine months ended March 31, 2014 or a 65% improvement over the $464,475 recorded for the corresponding period ended March 31, 2013. The Company believes this change in business direction will lead to stronger growth margins and higher overall sales during future periods.
Profitable & Growing, Strong BUY
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