The Female Health Company Reports Preliminary Unit Sales For Fourth Quarter 2014

Press Release 

CHICAGO, Oct. 2, 2014 /PRNewswire/ -- The Female Health Company (NASDAQ-CM: FHCO) today announced preliminary unit sales for the fourth quarter of the fiscal year ended September 30, 2014 (FY2014).

The Company announced that it expects to report that sales for the fourth quarter of FY2014 totaled approximately 9.7 million units, for an increase of approximately 15% relative to the corresponding period of the previous fiscal year.

Karen King, President and Chief Executive Officer of The Female Health Company, commented, "As part of our new strategy announced in July, the Company is ramping up sales and marketing efforts for FC2, and we anticipate that these efforts will drive future demand for the product.  We plan to focus particularly on the U.S., which represents a small percentage of total FC2 sales today, yet the need for this product is just as acute here as in other parts of the World."

The CDC reports 20 million new cases of sexually transmitted diseases (STDs) in the U.S. each year, costing the healthcare system $16 billion annually. Half of these infections occur in young people aged 15-24.  Many STDs are treatable, but when occurring in young women they often lead to later reproductive health challenges including infertility.  "All women in the U.S., but young women in particular, need to be aware of how FC2 can protect their current and future health," said Ms. King.

"In addition to our continued focus on FC2, the Company is evaluating opportunities to drive growth through diversification of our product portfolio.  We believe adding a synergistic product to our portfolio can drive incremental growth and also address the volatility we have historically experienced in FC2 sales patterns," concluded Ms. King.

The Company will report its full financial results for FY2014 on December 2, 2014.  Management will host an investor conference call at 11:00 a.m. Eastern Time on December 2, 2014 to discuss FY2014 financial results and other topics of interest.  Details for accessing the conference call will be forthcoming in a future press release.

1 2 3 4
View single page >> |

Disclosure: None

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.