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0.0631393298059964 0.0631393298059964 0.111111111111111 0.133333333333333 0.121689594356261 0.128747795414462 0.128747795414462 0.139329805996473
Stock impact report

PetIQ, Inc. Reports Second Quarter 2018 Financial Results

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: GlobeNewswire
Second Quarter Net Sales Increase 96% Year-Over-Year to $171.1 Million Opened 20 Wellness Centers Year-to-Date Company Raises Net Sales Outlook for Full Year 2018 EAGLE, Idaho, Aug. 14, 2018 (GLOBE NEWSWIRE) -- PetIQ, Inc. (“PetIQ” or the “Company”) (Nasdaq: PETQ), a leading pet medication and wellness company, today reported financial results for the three and six months ended June 30, 2018. Second Quarter 2018 Highlights Compared to Prior Year Period Net sales of $171.1 million, an increase of 96%Net income of $5.4 millionAdjusted EBITDA of $15.8 million compared to $7.6 millionOpened 17 wellness centers and three regional offices during the quarter, for a total of 29 wellness centers and 34 regional offices in operation as of quarter-end with all 20 VetIQ wellness centers currently openLiquidity of $63 million at quarter end giving pro forma effect to $25 million accordion feature on revolving credit facilityAntitrust complaint filed against PetIQ by Med Vets Inc. dismissed Show less Read more
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