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

Cornell’s Farrier Conference Celebrates 30 Years

The November conference included presentations and an exhibitor area, among other features.

Tennessee Vet School to Host Pet Memorial Celebration

The free event, scheduled for Dec. 5, aims to honor the lives and loss of companion animals.

Virginia-Maryland’s Vet College Welcomes New Clinical Instructor

Dr. Marcos Santos joins the veterinary college as clinical instructor of large animal surgery.

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