EAGLE, Idaho (AP) _ PetIQ Inc. (PETQ) on Tuesday reported a loss of $3.3 million in its fourth quarter.
On a per-share basis, the Eagle, Idaho-based company said it had a loss of 25 cents. Earnings, adjusted for pretax expenses and costs related to mergers and acquisitions, were 21 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The pet medications and products maker posted revenue of $51.9 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $51.6 million.
For the year, the company reported a loss of $3.5 million, or 26 cents per share. Revenue was reported as $266.7 million.
PetIQ expects full-year revenue in the range of $450 million to $500 million.
PetIQ shares have climbed slightly more than 4 percent since the beginning of the year.