NetworkNewsBreaks – Trxade Group Inc. (TRXD) Ach
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Posted On: 11/27/2019 3:45:40 PM
NetworkNewsBreaks – Trxade Group Inc. (TRXD) Achieves 173% YoY Revenue Growth in Q3 2019
Trxade Group (OTCQB: TRXD), an integrated pharma-supply-chain and care platform, recently reported third-quarter financial results, including an impressive increase in revenues. An article discussing the company reads, “Trxade Group’s acquisition of Community Specialty Pharmacy LLC last year continues to drive the company’s revenue benchmarks, delivering sales that lifted the company to record revenues of $2.3 million for the quarter and nine-month. year-to-date revenues of $5.7 million, which amount to increases of 173% and 126% over previous year figures, respectively, according to the company’s news release (http://nnw.fm/eDu17). . . . Gross profits for the third quarter rose in tandem with the revenues, increasing from $845,126 last year to $1.3 million this year. For the year, through the end of September, gross profit was $3.6 million with a gross margin of 63%, improving from $2.5 million and 99.5% a year earlier.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Trxade Group (OTCQB: TRXD), an integrated pharma-supply-chain and care platform, recently reported third-quarter financial results, including an impressive increase in revenues. An article discussing the company reads, “Trxade Group’s acquisition of Community Specialty Pharmacy LLC last year continues to drive the company’s revenue benchmarks, delivering sales that lifted the company to record revenues of $2.3 million for the quarter and nine-month. year-to-date revenues of $5.7 million, which amount to increases of 173% and 126% over previous year figures, respectively, according to the company’s news release (http://nnw.fm/eDu17). . . . Gross profits for the third quarter rose in tandem with the revenues, increasing from $845,126 last year to $1.3 million this year. For the year, through the end of September, gross profit was $3.6 million with a gross margin of 63%, improving from $2.5 million and 99.5% a year earlier.”
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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