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Stock impact report

PetIQ, Inc. Reports Second Quarter Fiscal 2017 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 of 42.3% to $87.2 MillionGenerates Second Quarter Net Income of $6.1 Million and Adjusted EBITDA of $7.6 Million EAGLE, Idaho, Aug. 14, 2017 (GLOBE NEWSWIRE) --  PetIQ, Inc. (“PetIQ” or the “Company”) (NASDAQ:PETQ), a leading pet medication and wellness company, today reported financial results for its second quarter and six months ended June 30, 2017. “We are pleased to report strong second quarter financial results following a successful initial public offering in July,” said Cord Christensen, PetIQ’s Chief Executive Officer.  “We generated net sales growth of 42% and we realized material operating margin expansion of 660 basis points demonstrating the significant leverage of our business model.” Initial Public Offering On July 26, 2017 the Company closed its initial public offering of 7,187,500 shares of Class A common stock, including 937,500 shares issued as a result of the full exercise of the underwriters' option to purchase additional sh Show less Read more
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