National Health Partners Inc. said that several large-scale sales campaigns by its partners should lead it to record revenues of $1.5 million to $2 million in the next fiscal quarter.
The Horsham company, which sells memberships in a health-care discount program, recorded a net loss of $3.05 million in 2008 on revenues of $2.67 million.
National Health Partners said that for the first quarter of its 2010 fiscal year, which ends March 31, it expects to realize - for the first time - positive cash flow from operating activities for a full quarter as well as a full fiscal year.
Company shares were priced today at $0.065, and have traded in the last 52 weeks within a range of $0.03 to $0.18. - Roslyn Rudolph