Last $0.03 USD
Change Today -0.0019 / -5.94%
Volume 50.0K
HASC On Other Exchanges
Symbol
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OTC US
As of 5:20 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

hasco medical inc (HASC) Snapshot

Open
$0.03
Previous Close
$0.03
Day High
$0.03
Day Low
$0.03
52 Week High
09/4/13 - $0.05
52 Week Low
04/2/14 - $0.01
Market Cap
30.1M
Average Volume 10 Days
247.3K
EPS TTM
--
Shares Outstanding
999.8M
EX-Date
--
P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for HASCO MEDICAL INC (HASC)

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hasco medical inc (HASC) Details

HASCO Medical, Inc. is engaged in the sale and rental of handicap accessible vans, parts, and services in the United States. Its Modified Mobility Vehicles segment serves individuals with physical limitations that need specialty equipment; and sells products for families and care-givers with transport requirements for those under care. The company is headquartered in Addison, Texas. HASCO Medical, Inc. is a subsidiary of HASCO Holdings, LLC.

241 Employees
Last Reported Date: 07/31/14

hasco medical inc (HASC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $228.2K
Chief Operating Officer
Total Annual Compensation: $129.2K
Compensation as of Fiscal Year 2013.

hasco medical inc (HASC) Key Developments

HASCO Medical, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Full Year 2014

HASCO Medical, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net revenues totaled a record $20.7 million, up 38% from $15.0 million in the same year-ago quarter. The improvement was primarily due to the increase in private-pay business for van sales, as well as the contribution of Auto Mobility Sales that the company acquired last September. Service and other revenue totaled $3.9 million, up 36% from the same year-ago quarter. Net income totaled $194,000, as compared to net loss of $199,000 in the same year-ago quarter. Income from operations was $656,454 against loss from operations of $184,241 a year ago. Income from continuing operations was $204,387 against loss from operations of $67,626 a year ago. Income from continuing operations before income taxes was $374,605 against loss from operations continuing operations before income taxes of $328,626 a year ago. The company expects 2014 total net revenues to range between $75 million and $85 million, which represents an increase of 3% to 17%. The company also expects gross margin to range between 21% to 23%. The company also expects positive net income in 2014.

HASCO Medical's Mobility Freedom Secures Rights to Market BraunAbility and Vantage Mobility International Wheelchair Accessible Vans in Miami, Florida

HASCO Medical, Inc. has secured the rights to market BraunAbility(R) and Vantage Mobility International (VMI) wheelchair accessible vans in Miami, Florida. BraunAbility products are produced by the Braun Corporation. BraunAbility represents the most diverse model lineup in the industry, including the most popular minivan models from Dodge/Chrysler, Honda and Toyota. The rental vehicles will be offered through the company's mobility brand Wheelchair Vans of America. The company expects to open the store between September and October. HASCO Medical operates eight Florida locations, including Orlando, Largo, Clermont, Palm Coast, Ocala, Ft. Lauderdale, Lake Worth and Tampa.

HASCO Medical, Inc. Announces Consolidated Earnings Results for the Year Ended December 31, 2013; provides earnings guidance for 2014

HASCO Medical, Inc. announced consolidated earnings results for the year ended December 31, 2013. For the year, the company reported total net revenues of $72,913,615 against $62,994,217 a year ago. Income from operations was $1,667,830 against $970,920 a year ago. Income from continuing operations before income taxes was $1,086,170 against $515,648 a year ago. Income from continued operations was $801,554 against $82,300 a year ago. The company expects 2014 total net revenues to range between $75 million and $85 million, which represents an increase of 3% to 17%. The company also expects gross margin to range between 21% to 23%. The company also expects positive net income in 2014.

 

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