NetworkNewsBreaks – Trxade Group, Inc. (NASDAQ:
Post# of 174

Trxade Group, Inc. (NASDAQ: MEDS), an integrated telehealth, drug procurement, delivery and online healthcare marketplace, today reported its financial results for the first quarter ended March 31, 2020. Among the highlights, Trxade reported a 46% increase in Q1 2020 revenues to $2.2 million and 44% increase in net income to $0.2 million. “We demonstrated outstanding performance in the first quarter as we reported 46% growth in revenues and exceeded expectations on metrics despite COVID-19,” Suren Ajjarapu, chairman and CEO of Trxade Group, said in the news release. “Our diversified growth strategies are driving strong growth across all subsidiaries, including new services and products that directly address the coronavirus pandemic.”
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