The Female Health Company (FHCO) Updates Q3FY2011 Financial Outlook
The Female Health Company, manufacturer and marker of the FC2 Female Condom, issued an updated financial outlook for the third quarter of fiscal year 2011. The company said it expects to report a modest profit and higher unit shipments for the third quarter of fiscal 2011 compared to the comparable quarter of 2010, though results will be negatively impacted by various issues stemming from purchase orders from Brazil and the Republic of South Africa. While FHCO expects positive operating earnings for fiscal 2011, the company said it expects those results to fall below previous guidance. Despite the aforementioned obstacles, the…