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Stock impact report

ProPhase Labs Reports Financial Results for the Three Months and Nine Months Ended September 30, 2018

ProPhase Labs, Inc. (PRPH) 
US:NASDAQ Investor Relations: prophaselabs.com/investors/annual-reports
Company Research Source: GlobeNewswire
DOYLESTOWN, Pennsylvania, Nov. 14, 2018 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (NASDAQ: PRPH, www.ProPhaseLabs.com) today reported its financial results for the three and nine months ended September 30, 2018. Net sales from continuing operations were $2.4 million for the three months ended September 30, 2018 as compared to net sales from continuing operations of $3.0 million for the three months ended September 30, 2017. The Company incurred a net loss for the three months ended September 30, 2018, of $897,000, or ($0.08) per share, compared to a net loss of $472,000, or ($0.03) per share, for the three months ended September 30, 2017. Results for the third quarter of 2018 compared to the third quarter of 2017 principally reflect the net effect of (i) a decrease in net sales of $601,000, (ii) an increase in sales and marketing costs of $245,000 and (iii) an increase in research and development expenses of $84,000. The Company generated net sales from continuing operations for the Show less Read more
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