Key Developments For drugstore.com, inc.
drugstore.com, inc. (DSCM.O) (Consolidated Issue listed on NASDAQ Global Market)
drugstore.com, inc. Issues Q4 2009 Outlook Above Analysts' Estimates
drugstore.com, inc. announced that for fourth quarter of 2009, it expects net sales in the range of $107.0-$110.0 million, net loss in the range of $1.8-$2.8 million and adjusted EBITDA in the range of $2.5-$3.5 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $100.3 million, net loss of $3.1 million and EBITDA of $1.6 million for the same period.
drugstore.com, inc. Issues Q3 2009 Earnings Outlook; Revenue Outlook Above Analysts' Estimates
drugstore.com, inc. announced that for third quarter of 2009, it is targeting net sales in the range of $94.0-$96.0 million, a net loss in the range of $2.8-$3.8 million, and adjusted EBITDA in the range of $1.0-$2.0 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $92.3 million, net loss of $3.8 million and EBITDA of $1.2 million for the same period.
drugstore.com, inc. Issues Q2 2009 Mixed Guidance
drugstore.com, inc. announced that for second quarter of 2009, it expects net sales in the range of $93.0-$97.0 million, net income in the range of $0.25 million to a net loss of $1.75 million and adjusted EBITDA in the range of $3.0-$5.0 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $87.8 million, net profit of $2.50 million and EBITDA of $4.2 million for the same period.
drugstore.com, inc. Settles Sales And Use Taxes Case With New Jersey-DJ
Dow Jones reported that, drugstore.com, inc. said that it has reached a resolution with the State of New Jersey regarding sales and use taxes owed by the Company for the years 2000 to early 2008. The Company said in a document filed with the Securities and Exchange Commission that it paid about $1.7 million based on two assessments for sales and use tax, interest and penalties for January 1, 2000 through February 22, 2008.
drugstore.com, inc. Issues Q1 2009 Guidance; Revenue Guidance In Line With Analysts' Estimates
drugstore.com, inc. announced that for first quarter of 2009, it expects net sales in the range of $93.0-$97.0 million, net income in the range of $0.0 to a net loss of $2.0 million and adjusted EBITDA in the range of $3.0-$5.0 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $94.7 million for the same period.
