Covetrus (CVET) Misses Q4 EPS by 45c, Revenue Beats, Offers Guidance
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Covetrus Names Benjamin Wolin Chief Executive Officer, Announces Fourth Quarter and Full Year 2019 Financial Results
March 3, 2020 4:06 PM ESTBoard of directors announces acting chief executive officer Benjamin Wolin to serve as president and CEO
 Fourth quarter net sales of $1.0 billion, an increase of 12% year-over-year; non-GAAP pro forma organic net sales increased 4% year-over-year
 Fourth quarter net loss of $37 million; non-GAAP adjusted net income of $20 million, a decline of 5% year-over-year on a pro forma basis
 Fourth quarter non-GAAP adjusted EBITDA of $47 million, a decline of 10% year-over-year on a pro forma basis
 Full year 2019 net sales of $4.0 billion, an increase of 5% year-over-year; non-GAAP... More
