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DELRAY BEACH, Fla. (AP) _ PetMed Express Inc. (PETS) on Monday reported fiscal fourth-quarter net income of $7.5 million.
On a per-share basis, the Delray Beach, Florida-based company said it had profit of 37 cents.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.
The pet pharmacy company posted revenue of $63 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $56.3 million.
For the year, the company reported profit of $23.8 million, or $1.17 per share. Revenue was reported as $249.2 million.
PetMed shares have increased 5 percent since the beginning of the year. The stock has increased 29 percent in the last 12 months.
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