SOHM, Inc. (SHMN) Records FH13 Revenue Growth of 116%, Guides FY13 Growth of 50% vs. Year Ago
SOHM, a manufacturer and seller of generic pharmaceuticals, nutraceutical and cosmeceuticals, today reports its financial results for the first six months of 2013, as well as provides guidance for the full fiscal year 2013. Revenues increased 116 percent for the first six months of 2013, compared to revenues in the comparable period of 2012. Nine months revenue of $1.5 million has already surpassed revenue of $1.2 million achieved during the full year of 2012. Anticipating continued efforts and subsequent growth, the company projects full-year revenues to increase 55 percent compared to revenues recorded for full year 2012. “SOHM is confident…