Trxade Group Generates Record Revenues in Second Quarter 2019
TRXADE GROUP (TRXD)
NASDAQ:AMEX Investor Relations:
trxadegroup.com/investors
Company Research
Source: GlobeNewswire
Revenue Growth of 129% to $1.9 MillionOperating Income Growth of 322% to $132,7051st Half 2019 EPS of $0.01 TAMPA, FL, July 29, 2019 (GLOBE NEWSWIRE) -- Trxade Group, Inc. (OTCQB: TRXD), an integrated pharmaceutical logistical services company that combines a web-based purchasing platform for transactions between independent pharmacists and drug manufacturers, E-Hub with a mail order pharmacy, warehouse and drug delivery services for consumers nationwide, today announced its financial results for its second quarter, ended June 30, 2019 and provided a business update and positive outlook for rest of the year 2019. Second Quarter Highlights: Generated record revenues of $1,916,414 in quarter ending June 30, 2019 vs. $837,688 in quarter ending June 30, 2018Gross profit increased to $1,163,276 from $837,688 in quarters ending June 30, 2019 and 2018, respectivelyOperating Income increased to $132,705 from $31,446 in the quarter ending June 30, 2019 and 2018, respectivelyTrxade’s
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