PetMed Express GAAP EPS of $0.00 misses by $0.20, revenue of $58.9M misses by $3.13M

Feb. 06, 2023 4:03 PM ETPetMed Express, Inc. (PETS)By: Dania Nadeem, SA News Editor4 Comments
  • PetMed Express press release (NASDAQ:PETS): Q3 GAAP EPS of $0.00 misses by $0.20.
  • Revenue of $58.9M (-3.0% Y/Y) misses by $3.13M.
  • PetMeds reports new customers increased 9% year over year for the quarter ended December 31, 2022 representing the first customer increase in 2 ½ years.
  • Adjusted EBITDA was $2.7 million, for the current year quarter, compared to Adjusted EBITDA of $7.6 million, for the quarter ended December 31, 2021, a decrease of 64%.

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