FHCO Zika mention in PR + profitable quarter
*Unit sales increased 27% to 15.4 million from 12.2 million in the prior-year period.
*Net revenues increased 24% to $8.2 million from $6.7 million in the prior-year period.
*Gross profit up 41% to $5.4 million or 66% of net revenues, from $3.8 million , or 57% of net revenues, in the prior-year period.
*Operating income improves 65% to $2.4 million for a 29% operating margin.
*Diluted EPS up 67% to $0.05 per share from $0.03 per share in prior-year period.
The unfortunate emergence of the Zika Virus epidemic in Brazil and other countries has created serious issues for infected women who may become pregnant. Women who are infected may give birth to children with brain deformities. As a result women in Brazil and other countries have been advised not to become pregnant. The female condom is an excellent product to prevent pregnancy during this epidemic.
Solid DD combined with timeliness and conviction is a recipe for profits.
