Brief: Petiq Raises Full Year 2019 Outlook For Standalone PetIQ

PetIQ

07/08/2019 21:36

Aug 7 (Reuters) - PetIQ Inc  PETQ.O :
    * PETIQ, INC. REPORTS RECORD SECOND QUARTER 2019 FINANCIAL
RESULTS
    * Q2 SALES $220.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$193.9
MILLION
    * RAISES FULL YEAR 2019 OUTLOOK FOR STANDALONE PETIQ
    * PROVIDES 2019 EXPECTATIONS FOR PERRIGO ANIMAL HEALTH
ACQUISITION
    * ON A STANDALONE BASIS, COMPANY EXPECTS FY CONSOLIDATED NET
SALES
OF AT LEAST $650 MILLION
    * ON A STANDALONE BASIS, COMPANY EXPECTS FY ADJUSTED EBITDA
OF AT
LEAST $56 MILLION
    * SEES FY COMBINED CONSOLIDATED NET SALES OF AT LEAST $680
MILLION
    * SEES FY COMBINED ADJUSTED EBITDA OF AT LEAST $62 MILLION
    * QTRLY NET INCOME PER SHARE ATTRIBUTABLE TO PETIQ, INC.
CLASS A
COMMON STOCK $0.17

Source text for Eikon:  ID:nGNX6C2GnF 
Further company coverage:  PETQ.O 

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