Rockwell Medical Technologies (RMTI) Tops Q2 EPS by 5c
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Rockwell Medical Reports Second Quarter 2015 Results
August 4, 2015 4:01 PM EDTWIXOM, Mich., Aug. 4, 2015 (GLOBE NEWSWIRE) -- Rockwell Medical, Inc. (NASDAQ: RMTI), a fully-integrated biopharmaceutical company targeting end-stage renal disease (ESRD) and chronic kidney disease (CKD) with innovative products and services for the treatment of iron replacement, secondary hyperparathyroidism and hemodialysis, reported results for the second quarter of 2015.
Q2 2015 Financial Highlights
Sales were $13.0 million, in line with Q2 2014. Gross profit was $2.1 million, a 2.3% increase over Q2 2014. Gross profit margins increased to 15.9% compared to 15.5% in Q2 2014. R&D expense was $0.9 million compared to $0.8 million in Q1 2015.... More