RTTNews | Aug 11, 2020 10:31AM EDT

10:31 Tuesday, August 11, 2020 (RTTNews.com) - Shares of ProPhase Labs, Inc. (PRPH) surged 45% on Tuesday morning after the dietary supplement maker reported a second-quarter profit and revenues that improved from previous year.

PRPH is currently trading at $2.84, up $0.90 or 46.3917%, on the Nasdaq.

The company reported a second quarter profit of $70 thousand or $0.01 per share, compared to a loss of $1.2 million or $0.11 per share last year.

Net sales for the quarter more than doubled to $3.6 million from $1.7 million last year, driven largely by increase in third party customer orders.

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