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Stock impact report

PetIQ Inc (PETQ) Reports Strong Growth in 2023 with Record Net Sales and Cash Flow [Yahoo! Finance]

PetIQ, Inc. - Class A (PETQ) 
Last petiq, inc. - class a earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.petiq.com
Company Research Source: Yahoo! Finance
Adjusted EBITDA : Exceeded full year guidance with $104.7 million, a 34.8% increase from the previous year. Net Income : Reported net income of $2.1 million, with adjusted net income of $36.6 million. Cash Flow : Generated the highest annual cash from operations in the company's history at $61.9 million. Leverage : Reduced net leverage to a record low of 2.9x under the company's credit agreement. Warning! GuruFocus has detected 3 Warning Sign with PETQ. On February 28, 2024, PetIQ Inc ( NASDAQ:PETQ ), a leading manufacturer and distributor of health and wellness products for pets, released its 8-K filing , announcing its financial results for the fourth quarter and full year ended December 31, 2023. The company's performance was marked by significant growth in net sales and adjusted EBITDA, surpassing the company's guidance and setting new records in cash flow generation. PetIQ Inc operates in two segments: Products and Services. The company's proprietary brands include P Show less Read more
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