LOVELAND, Colo. (AP) Heska Corp. (HSKA) posted $2.5 million in net income for the fourth quarter on Tuesday, after reporting a loss in the same time a year earlier.
It had a profit of 25 cents per share, the Loveland, Colorado-based company said. Earnings were 72 cents per share, adjusted for one-time gains and expenses.
In the era that beat Street expectations, the producer of veterinary products reported sales of $64.3 million. $51.7 million was predicted by three analysts surveyed by Zacks.
The firm announced that its loss increased to $14.4 million, or $1.66 per share, for the year. The income was stated to be $197.3 million.
Heska expects sales in the $225 million to $235 million range for the full year.
Since the beginning of the year, Heska shares have climbed 29 percent. In the last 12 months, the stock has risen 83 percent.