StockGuru Blog: RxElite (RXEI) – 10Q OUT and LOOKING GOOD! GROSS PROFIT INCREASE!
Stock Guru Profile News Blogs Gross Profit INCREASES! Gross profit increased by $47,398 from $83,118 for the three months ended September 30, 2006 to $130,516 for the three months ended September 30, 2007. Similarly, gross profit increased by $29,712 from $283,778 for the nine months ended September 30, 2006 to $313,490 for the nine months ended September 30, 2007. Gross profit as a percentage of sales increased for both the three months and nine months ended September 30, 2007 resulting from a transition in product mix. Management states: gross profit should improve and exceed historical levels in 2008, given the…