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Stock impact report

Innovus Pharma Reports Quarterly Revenue for the First Quarter 2019 of $5.4 Million, a 18.0% Increase from Comparable Quarter in the Prior Year

InnovAge Holding Corp. (INNV) 
NASDAQ:AMEX Investor Relations: innovuspharma.com
Company Research Source: Business Wire
Cash, inclusive of merchant processor holdback, of $2.9 million as of May 13, 2019 SAN DIEGO--(BUSINESS WIRE)-- Innovus Pharmaceuticals, Inc. (“Innovus Pharma” or the “Company”) (OTCQB: INNV), an emerging commercial-stage pharmaceutical company that delivers safe, innovative and effective over-the-counter medicine and consumer care products to improve men’s and women's health and respiratory diseases, announced today its reported results for the three months ended March 31, 2019. Financial highlights for the three months ended March 31, 2019 compared to March 31, 2018 included: Revenues of approximately $5.4 million, an increase of $0.8 million or 18.0% compared to prior year and $0.6 million or 12.8% compared to the prior quarter; Sales & marketing expense as a percentage of total revenue declined to 48.4% compared with 72.7% in prior year; Show less Read more
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