Trxade Group Inc. (TRXD) Posts Continued Growth, Record Revenues in Third Quarter
Pharmaceutical services business Trxade Group recently reported its third quarter financials, showing a new record for revenues amid continued growth in the company’s business-to-consumer operation and services to independent pharmacies The company’s revenue growth amounted to a 173 percent year-over-year increase for the quarter Trxade Group’s quarterly report also showcased growing gross profits (with a decreasing gross margin), shareholder equity and operating income The company offers a web-based platform that maintains market intelligence on over 20,000 medications and provides pricing and supply alerts to members to help them secure the best possible prices Subscription in Trxade Group’s platform continued to…