PetIQ, Inc. Reports First Quarter 2018 Financial Results

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Go back to PetIQ, Inc. Reports First Quarter 2018 Financial Results

PetIQ, Inc. (PETQ) Misses Q1 EPS by 18c, Beats on Revenues; Offers FY18 Revenue Mid-Point Outlook Below Consensus

May 15, 2018 4:07 PM EDT

PetIQ, Inc. (NASDAQ: PETQ) reported Q1 EPS of ($0.14), $0.18 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $115.1 million versus the consensus estimate of $108.58 million.

2018 Outlook

PetIQ reiterated the following fiscal 2018 financial outlook:

Consolidated net sales of $450 million to $500 million, an increase of 69% to 87% year-over-yearAdjusted EBITDA of $40 million to $45 million, an increase of 79% to 102%... More