PetMed Express Inc. Bottom Line Climbs 14% In Q1

(RTTNews) - PetMed Express Inc. (PETS) announced earnings for its first quarter that advanced from last year.

The company said its bottom line rose to $6.59 million, or $0.32 per share. This was higher than $5.76 million, or $0.29 per share, in last year's first quarter.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.2% to $72.49 million. This was up from $71.63 million last year.

PetMed Express Inc. earnings at a glance:

-Earnings (Q1): $6.59 Mln. vs. $5.76 Mln. last year. -Earnings Growth (Y-o-Y): 14.4% -EPS (Q1): $0.32 vs. $0.29 last year. -EPS Growth (Y-o-Y): 10.3% -Analysts Estimate: $0.31 -Revenue (Q1): $72.49 Mln vs. $71.63 Mln last year. -Revenue Change (Y-o-Y): 1.2%