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Tuesday, August 17, 2021 7:17:32 AM
• Consolidated Revenue for the quarter was approximately $9.6 million, representing a year-over-year increase of 4% compared to the second quarter of 2020. Revenue for the six months was approximately $19.2 million, representing a 5% year-over-year increase.
• Gross Profits came in at over $2.6 million for the quarter, and over $5.0 million for the six months ended June 30, 2021, up 43% and 46% when compared to the same periods in 2020.
• 340B Revenue contribution for the quarter ended June 30, 2021, was approximately $725k, up 65% on a year-over-year basis. Total revenue for the six months under the 340B contracts were $1.4 million and $600k for 2021, and 2020, respectively. That is a 127% year-over-year increase.
• Revenues associated with COVID testing totaled approximately $1.1 million for the quarter, up over 120% on a sequential quarterly basis.
• Positive EBITDA of nearly $78k for the second quarter of 2021, and over $219k for the six months ended June 30, 2021. This was compared to negative EBITDA of $311k and $955k, respectively, for the same periods in 2020.
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