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Article: PacificHealth Laboratories Posts 3Q 2009 Results.(Financial report)
- Article from:
- Health & Beauty Close-Up
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 Close-Up Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PacificHealth Laboratories, Inc., a sports nutrition company, has reported its financial results for the quarter and nine months ended September 30.
Third Quarter 2009 vs. Third Quarter 2008 Financial Results
In a release on October 28, the Company noted that revenue increased approximately 9 percent to $2,376,291 compared to $2,176,196 for the same period in 2008. Net loss for the third quarter of 2009 was $174,095, or $0.01 per basic and diluted share, compared to a net loss of $849,969, or $0.06 per basic and diluted share, for the same period in 2008. In the third quarter of 2008, the Company restructured its operations to better support its base ...