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Allion Healthcare
Allion Healthcare Reports First Quarter 2008 Results
May 31st, 2008
Allion Healthcare (NASDAQ: ALLI) announced financial results for the three months ended March 31, 2008. Financial Summary of Results Net sales for the first quarter 2008 increased 10.7% to a record $65.3 million, compared to $59 million reported during the first quarter of 2007. The strong net sales were primarily driven by higher prescription sales in California, which increased 14% over the same period in 2007. Gross profit for the period was $9.7 million, or 14.8% of sales, compared to $8.4 million, or 14.3% of sales, for the same period in 2007. Selling, general and administrative expenses increased slightly for the first...
Source: Law & Health Weekly (2008-05-31)
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