VCA Antech’s Same-Store Revenue Drops 2.2% In Q4



Published:

VCA Antech Inc.’s animal hospital division reported revenue of $261.5 million for its fourth quarter ended Dec. 31, compared to revenue of $237.2 million in the year-ago period.

The 10.2 percent increase was driven by acquisitions made in the past 12 months, according to the Los Angeles-based company.

Same-store revenue declined by 2.2 percent while same-store gross profit margin declined to 14 percent from 15.4 percent.

VCA Antech acquired 10 animal hospitals during the fourth quarter with historical combined annual revenue of $33.1 million.

Year to date, the division reported revenue of $1.1 billion, compared to $994.2 million in the year-ago period.

VCA Antech’s laboratory division reported revenue of $72.2 million for its fourth quarter, compared to revenue of $71.1 million in the year-ago period.

Year to date, the division reported revenue of $310.7 million, compared to revenue of $310.1 million in the year-ago period.

VCA Antech’s medical technology division reported revenue of $16.2 million for its fourth quarter, compared to revenue of $16.2 million in the year-ago period.

Year to date, the division reported $64 million, compared to $48.6 million in the year-ago period.

Overall, VCA Antech reported net income of $22.1 million on revenue of $338.1 million for its fourth quarter, compared to net income of $26.3 million on revenue of $315.2 million in the year-ago period.

Year to date, the company reported net income of $114.2 million on revenue of $1.4 billion, compared to net income of $135.6 million on revenue of $1.3 billion in the year-ago period.

VCA Antech’s 2011 financial guidance is as follows: revenue from $1.47 billion to $1.51 billion and net income from $124.1 million to $132.8 million.


<Home>

Edit Module
Edit ModuleShow Tags

Archive »Read More

Lincoln Memorial’s New Center Focuses on Animal Health in Appalachian Region

The center plans to host an annual conference on animal and public health issues beginning October 2015.

20-Year-Old LifeLearn Unveils New Identity

A new logo, website, tagline and language-recognition app are the latest developments from LifeLearn.

4 Vet School Faculty Joining National Academy of Inventors

Drs. X.J. Meng, Yasuko Rikihisa, George E. Seidel Jr. and Janet K. Yamamoto are among 170 fellows who will be inducted in March.

Add your comment:
Edit Module
Edit ModuleEdit ModuleShow Tags Edit Module
Edit Module Edit Module
Edit ModuleShow Tags

Events


Show More...
Edit Module
Edit Module