NetworkNewsBreaks – Trxade Group Inc. (TRXD) Rep
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Posted On: 08/16/2019 4:17:09 PM
NetworkNewsBreaks – Trxade Group Inc. (TRXD) Reports Steady Revenue Growth, Increase in Gross Profits and Independent Pharmacy Subscribers
Integrated pharmaceutical services company Trxade Group (OTCQB: TRXD) recently reported continuous record revenue growth and a surge in both gross profits and independent pharmacy subscribers in its financial filing for the second quarter. An article discussing the company reads, “Trxade reported that its revenues for the three months ended June 30 were over $1.9 million, marking an increase of 129% over the year-ago quarter’s $837,688. It also marked a 27% sequential increase over the first quarter ended March 31, according to a news release issued July 29 (http://nnw.fm/xm15V). . . . Operating income rose during the quarter to $132,705, versus $31,446 a year ago. Net income increased to $57,981 from last year’s second quarter report of $20,513. The gains in revenue and income were primarily attributed to the acquisition of Community Specialty Pharmacy LLC and an increase of fee income generated by the company’s web-based supplier-to-pharmacy trading platform.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Integrated pharmaceutical services company Trxade Group (OTCQB: TRXD) recently reported continuous record revenue growth and a surge in both gross profits and independent pharmacy subscribers in its financial filing for the second quarter. An article discussing the company reads, “Trxade reported that its revenues for the three months ended June 30 were over $1.9 million, marking an increase of 129% over the year-ago quarter’s $837,688. It also marked a 27% sequential increase over the first quarter ended March 31, according to a news release issued July 29 (http://nnw.fm/xm15V). . . . Operating income rose during the quarter to $132,705, versus $31,446 a year ago. Net income increased to $57,981 from last year’s second quarter report of $20,513. The gains in revenue and income were primarily attributed to the acquisition of Community Specialty Pharmacy LLC and an increase of fee income generated by the company’s web-based supplier-to-pharmacy trading platform.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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