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.”
To view the full article, visit http://nnw.fm/Do4Jb
About Trxade Group Inc.
Headquartered in Tampa, Florida, Trxade Group Inc. (OTCQB: TRXD) is an integrated drug-procurement, delivery and health-care platform that enables price transparency and increased profit margins to health-care buyers and sellers of pharmaceuticals, accessories and services. Founded in 2010, Trxade Group is comprised of three synergistic operating platforms: the Trxade B2B trading platform with 11,000 registered pharmacies; licensed virtual wholesale and mail-order pharmacy capabilities including DelivMeds; and the company’s newly acquired assets of Bonum Health. For additional information, please visit www.Trxade.com, www.DelivMeds.com and www.BonumHealth.com.
NOTE TO INVESTORS: The latest news and updates relating to TRXD are available in the company’s newsroom at http://nnw.fm/TRXD
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.