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Stock impact report

Guardion Health Sciences Reports June 30, 2019 Interim Results of Operations

Guardion Health Sciences, Inc. (GHSI) 
Company Research Source: GlobeNewswire
Highlights Include:  18.2% Revenue Growth for the Three Months Ended June 30, 2019 and 21.7% Revenue Growth for the Six Months Ended June 30, 2019 San Diego, CA , Aug. 12, 2019 (GLOBE NEWSWIRE) -- Guardion Health Sciences, Inc. (“Guardion” or the “Company”) (Nasdaq: GHSI), today announced its unaudited interim financial results for the three months and six months ended June 30, 2019. FINANCIAL HIGHLIGHTS (Unaudited): Second Quarter - Three Months Ended June 30, 2019: •Total revenue increased by $40,192 or 18.2% to $260,970 for the three months ended June 30, 2019, as compared to $220,778 for the three months ended June 30, 2018. The increase was primarily due to growth in the Company’s Lumega-Z customer base and in its VectorVision vision testing diagnostic products.  •Gross profit margin was 62.8% for the three months ended June 30, 2019, as compared to 60.2% for the three months ended June 30, 2018, reflecting primarily an improved profitability in the medical foods Show less Read more
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