VCA Antech’s Same-Store Revenue Falls 3.3%



Published:

VCA Antech Inc.’s Animal Hospital Division reported revenue of $261.3 million in the second quarter ended June 30, compared to $251 million in the year-ago period.

The 4.1 percent increase was attributed to acquisitions made in the past 12 months.

Same-store revenue declined by 3.3 percent during the quarter.

Year to date, the division reported revenue of $499.6 million, compared to $477.1 million in the year-ago period.

The Laboratory Division posted revenue of $82.8 million in the second quarter, compared to $81.8 million a year earlier. Year to date, the division's revenue was $160.3 million, compared to $158.6 million in the year-ago period.

The Medical Technology Division saw second-quarter revenue of $10.6 million, compared to $11.8 million in the year-ago period. Year to date, the revenue was $19.8 million, compared $25.7 million in the year-ago period.

Overall, the Los Angeles company reported second-quarter net income of $39 million on revenue of $344.9 million compared to $41.4 million and $334.4 million, respectively, in the year-ago period. This represents a 3.1 percent increase in second quarter revenue.

Year to date, the company's net income was $71.8 million on revenue of $660.7 million, compared to $73.6 million and $642.3 million, respectively, in the year-ago period.

<HOME>

 

Edit Module
Edit ModuleShow Tags

Archive »Read More

NC Breaks Ground on Biomedical Partnership Center

The 44,500-square-foot Biomedical Partnership Center will include space for North Carolina State University’s College of Veterinary Medicine research activities.

Washington Vet College Confirms Equine Herpes Case

The last Equine Herpes Virus outbreak affecting Washington horses came in May 2011, according to the Washington State University College of Veterinary Medicine.

Florida Vet School Forms Collaboration with Miami-Dade Animal Shelter

The externship aims to provide additional learning opportunities for University of Florida veterinary students while enhancing the adoptability of shelter pets in South Florida.

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

Events


Show More...
Edit Module
Edit Module