PetMed Express Inc. Earnings Advance 79% In Q2

(RTTNews) - PetMed Express Inc. (PETS) announced a profit for its second quarter that increased compared to the same period last year.

The company said its bottom line advanced to $8.76 million, or $0.43 per share. This was up from $4.89 million, or $0.24 per share, in last year's second quarter.

Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.7% to $66.71 million. This was up from $60.79 million last year.

PetMed Express Inc. earnings at a glance:

-Earnings (Q2): $8.76 Mln. vs. $4.89 Mln. last year. -Earnings Growth (Y-o-Y): 79.1% -EPS (Q2): $0.43 vs. $0.24 last year. -EPS Growth (Y-o-Y): 79.2% -Analysts Estimate: $0.30 -Revenue (Q2): $66.71 Mln vs. $60.79 Mln last year. -Revenue Change (Y-o-Y): 9.7%