PetIQ, Inc. (PETQ) Tops Q4 EPS by 12c, Revs In-Line

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Go back to PetIQ, Inc. (PETQ) Tops Q4 EPS by 12c, Revs In-Line

PetIQ, Inc. Reports Fourth Quarter and Full Year 2017 Financial Results

March 13, 2018 4:05 PM EDT

EAGLE, Idaho, March 13, 2018 (GLOBE NEWSWIRE) -- PetIQ, Inc. (PetIQ or the Company) (NASDAQ: PETQ), a leading pet medication and wellness company, today reported financial results for its fourth quarter and year ended December 31, 2017.

Fourth Quarter 2017 Highlights Compared to Prior Year Period

Net sales were $51.9 million, an increase of 15.6% year-over-yearNet loss was $3.4 millionAdjusted net income increased $3.7 million to $2.6 millionAdjusted EBITDA increased $2.0 million to $3.6 million, an increase of 132% year-over-year

Full Year 2017 Highlights Compared to Prior Year

Net sales were $266.7 million, an increase of 33.2%... More