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

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

PetIQ, Inc. Reports First Quarter 2018 Financial Results

May 15, 2018 4:05 PM EDT

Remains On-Track to Open 20+ Veterinary Services Clinic in 2018

Company Reiterates Outlook for Full Year 2018

EAGLE, Idaho, May 15, 2018 (GLOBE NEWSWIRE) -- PetIQ, Inc. (PetIQ or the Company) (Nasdaq: PETQ), a leading pet medication and wellness company, today reported financial results for its first quarter ended March 31, 2018.

First Quarter 2018 Highlights Compared to Prior Year Period

Net sales were $115.1 million, an increase of 71.7% year-over-yearNet loss was $4.0 millionAdjusted EBITDA was $5.4 million... More