$RXMD Management announced Q4 revs blew away my es
Post# of 1525
Posted On: 01/16/2016 10:01:20 PM
$RXMD Management announced Q4 revs blew away my estimate!
You can see some 2015-2014-2013 summary info from income statements and balance sheets, along with charts that I put together on the RXMD "Board Information" - to get a quick snapshot.
I need to update that again, since management announced their Q4 revs that beat the heck out of my January 3 estimate.
I had recently estimated Q4 (2015) revenue at $3.6M, which represents 8.5% growth over Q3 (2015) and 22.0% growth over the same quarter last year (Q4 2014). Management's January 14 PR (link) announced actual Q4 (2015) revenue of $3.9M, which represents 18.9% growth over Q3 (2015) and 32.2% growth over the same quarter last year (Q4 2014). So actual Q4 2015 revenue growth over Q3 (2015) and the same quarter last year (Q4 2014) beat my estimates by 122% and 46% , respectively! Granted, I'm not a Wall Street analyst, but it's not rocket science - this company is solid! And growing consistently and beating the heck out of my expectations!
This is just one of the many reasons that investors are so pleased with Progressive Care, Inc. (RXMD)! To see all recent/past news for Progressive Care management, go to http://www.otcmarkets.com/stock/RXMD/news .
Quarterly and Annual Reports are available on OTC Markets: http://www.otcmarkets.com/stock/RXMD/filings
2015 Annual Reports are not due yet, will be available by or before 3/30/2016.
Reporting dates, etc. can be found here on OTC Markets website (timeline near the bottom of the page):
Financial Report Timeline for Maintaining Current Information (FY 12/31 Filers)
You can see some 2015-2014-2013 summary info from income statements and balance sheets, along with charts that I put together on the RXMD "Board Information" - to get a quick snapshot.
I need to update that again, since management announced their Q4 revs that beat the heck out of my January 3 estimate.
I had recently estimated Q4 (2015) revenue at $3.6M, which represents 8.5% growth over Q3 (2015) and 22.0% growth over the same quarter last year (Q4 2014). Management's January 14 PR (link) announced actual Q4 (2015) revenue of $3.9M, which represents 18.9% growth over Q3 (2015) and 32.2% growth over the same quarter last year (Q4 2014). So actual Q4 2015 revenue growth over Q3 (2015) and the same quarter last year (Q4 2014) beat my estimates by 122% and 46% , respectively! Granted, I'm not a Wall Street analyst, but it's not rocket science - this company is solid! And growing consistently and beating the heck out of my expectations!
This is just one of the many reasons that investors are so pleased with Progressive Care, Inc. (RXMD)! To see all recent/past news for Progressive Care management, go to http://www.otcmarkets.com/stock/RXMD/news .
Quarterly and Annual Reports are available on OTC Markets: http://www.otcmarkets.com/stock/RXMD/filings
2015 Annual Reports are not due yet, will be available by or before 3/30/2016.
Reporting dates, etc. can be found here on OTC Markets website (timeline near the bottom of the page):
Financial Report Timeline for Maintaining Current Information (FY 12/31 Filers)
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