Phoenix Rising Companies [PRCX] posts $8.84M profit as revenue rises 26.49% to $4.28M

Phoenix Rising Companies [PRCX] posted a profit of $8.84M, marking a rise of 131.05% for this quarter.

Revenue rose to $4.28M this quarter compared to $3.38M in the previous quarter.

According to the latest quarterly report the company has filed with the SEC, current earnings were $8.84M, up 131.05% from $-28.47M.

The company’s net sales for the period were $4.28M, up 26.49%. Net sales in the previous quarter were $3.38M.