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Article Excerpt
MATAWAN, N.J. -- PacificHealth Laboratories, Inc. (OTCBB: PHLI), an innovative nutrition technology company, reported second quarter 2004 revenues of $2.2 million, a 45% increase over the corresponding revenues from last year's same period of $1.5 million. The Company reported a net loss of ($290,115), or ($0.03) per share, for the quarter ended June 30, 2004, compared to a net loss of ($305,973), or ($0.05) per share for the same period in 2003. For the six-month period ended June 30, 2004, revenues rose 54% to $4.5 million compared to revenues of $2.9 million for the same period in 2003. The Company's six-month net loss was ($282,338), or ($0.03) per share for the six-months ended June 30, 2004, a reduction of 61%...
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