The Female Health Co (FHCO) Sees FQ315 Unit Sales Up 5%
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The Female Health Co (NASDAQ: FHCO) announced that it expects to report unit sales for the third quarter of FY2015 totaling approximately 14.4 million units. This achievement represents an increase of approximately 5% relative to the corresponding period of the previous fiscal year.
"We are very pleased with the volume delivered in the quarter, particularly considering that we are following record-breaking second quarter Fiscal 2015 unit sales of 20.8 million units," stated Karen King, President and Chief Executive Officer of The Female Health Company. "These results reinforce the position of FHC as the global leader in female condom sales."
"Our efforts regarding the consumer launch of FC2 in the U.S. and Europe continue moving forward, as well," continued King. "This week we are hosting the first meeting of our medical advisory board and have already received very insightful, useful and encouraging feedback from the advisory board on how to engage the medical community around our consumer launch activities. We are learning that many in the medical community are seeking greater availability of non-hormonal birth control options, as there are serious issues associated with hormone-based options. We are on track for our consumer launch in the U.S. around the end of the calendar year."
The Company will report its full financial results for the third quarter of FY2015 on July 30, 2015. Management will host an investor conference call at 11:15 a.m. Eastern Time on July 30, 2015 to discuss third quarter and year-to-date FY2015 financial results and other topics of interest. Details for accessing the conference call will be forthcoming in a future press release.
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