AMS Health Sciences Announces First Quarter 2005 Financial Results
06 5월 2005 - 5:00AM
Business Wire
AMS Health Sciences, Inc. (AMEX:AMM), today announced a net loss
for the first quarter 2005 of $1.3 million, or $(0.19) per common
(diluted) share, on 7.0 million shares outstanding, compared to net
income of $54,068, or $0.01 per common (diluted) share, on 8.0
million shares outstanding in the first quarter of 2004. Sales
totaled $4.0 million for the quarter compared to sales of $4.5
million for the quarter ended March 31, 2004. Cash and Marketable
Securities at March 31, 2005 totaled $2.3 million compared to $3.4
million at December 31, 2004. The Company continues to recover and
replace revenue lost from the April 2004 banning of ephedra, and
expects its aggressive customer acquisition campaigns to drive
growth over the remainder of fiscal 2005. Additionally, on April
20, 2005, the Company announced a cost-cutting program designed to
better align expenses with revenue. AMS expects this program, along
with changes in the enrollment offerings of the Company, to result
in a decrease in the Company's cost of sales and operating expenses
of approximately 20%. As a result, AMS expects to generate positive
operational cash flow immediately, and on a monthly basis beginning
in May 2005. In addition, AMS continues to engage The Seidler
Companies Incorporated ("Seidler") under an investment banking
agreement whereby Seidler is actively seeking new product
acquisition and licensing opportunities, as well as evaluating
industry opportunities to enhance shareholder value. About AMS
Health Sciences, Inc. AMS Health Sciences, Inc., sells more than 60
natural nutritional supplements, weight management products, and
natural skincare including the world's number-one all-natural
stress reliever, Prime One, through independent distributors across
the U.S. and Canada. More information about the Company is
available at http://www.amsonline.com. Certain statements in this
release may constitute "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Certain, but not necessarily all, of such forward-looking
statements can be identified by the use of forward-looking
terminology such as "anticipates," "believes," "expects," "may,"
"will," or "should" or other variations thereon, or by discussions
of strategies that involve risks and uncertainties. The actual
results of the Company or industry results may be materially
different from any future results expressed or implied by such
forward-looking statements.
Safety First Trust Principal-Protected Trust Certificates Linked TO The S&P 500 Index (AMEX:AMM)
과거 데이터 주식 차트
부터 2월(2) 2025 으로 3월(3) 2025
Safety First Trust Principal-Protected Trust Certificates Linked TO The S&P 500 Index (AMEX:AMM)
과거 데이터 주식 차트
부터 3월(3) 2024 으로 3월(3) 2025
Safety First Trust Principal-Protected Trust Certificates Linked TO The S&P 500 Index (아메리카 증권거래소)의 실시간 뉴스: 최근 기사 0
More AMS Health Sciences, Inc. News Articles