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Biotech / Medical : MTXX a growth company

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To: Mike M who wrote (8)	10/22/2003 4:23:01 PM
From: DanZ	Read Replies (2) of 13

Wow! Matrixx's third quarter earnings exceeded even my expectations. I was thinking that 20 cents per share in the third quarter would be good. They earned 29 cents per share. Full story at biz.yahoo.com Matrixx Initiatives, Inc. Announces 163% Third Quarter 2003 Net Sales Increase; Q3 Net Income Increases 170% Wednesday October 22, 4:16 pm ET PHOENIX, Oct. 22 /PRNewswire-FirstCall/ -- Matrixx Initiatives, Inc. (Nasdaq: MTXX - News), developer and distributor of the expanded line of Zicam® products, today announced net sales of $13.4 million for the third quarter of 2003, a 163 percent increase versus $5.1 million in the comparable quarter of 2002. Net income for the quarter was $2.8 million or $0.29 per share, versus $1.0 million, or $0.11 per share for the third quarter of 2002.

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