Beauty Industry

Human Pheromone Sciences Announces First Quarter Results

Results impacted by downturn in U.S. beauty market

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By: Jamie Matusow

Editor-in-Chief

Human Pheromone Sciences, Inc. posted results for the first quarter ended March 31, 2008. Net revenues of $266,000 represented a 20% decrease from the prior year period, and resulted in a net loss of $63,000 as compared with net income of $24,000 for the same period of 2007.

According to a spokesperson, the results were in line with company forecasts and reflected the overall downturn in the U.S. fragrance and beauty market sales during the period.

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