PetIQ, Inc. Reports Record Second Quarter 2019 Financial Results

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Go back to PetIQ, Inc. Reports Record Second Quarter 2019 Financial Results

PetIQ, Inc. (PETQ) Misses Q2 EPS by 18c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

August 7, 2019 5:06 PM EDT

PetIQ, Inc. (NASDAQ: PETQ) reported Q2 EPS of $0.17, $0.18 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $220.6 million versus the consensus estimate of $193.92 million.

Second Quarter 2019 Highlights Compared to Prior Year Period

Record second quarter net sales of $220.6 million, an increase of 29%Net income of $5.9 million compared to $5.4 millionAdjusted net income $15.8 million compared to $10.8 millionAdjusted EBITDA of $20.8 million compared... More