Covetrus reports Q1 uptick in sales, shrinking loss

Portland-based animal-health company Covetrus Inc. (Nasdaq: CVET) on Thursday reported financial results for the year’s first quarter, showing an uptick in revenue and a net loss that shrank from the same period’s results last year.

Net sales for the three months ended March 31, 2022, totaled $1.15 billion, an increase of 4% over the amount during Q1 2021. The company reported a loss of $2 million, or 2 cents a share, down from $16 million, or 11 cents a share, in the year-ago period. Read more

Related Posts

University of Maine recruiting homeowners for tick surveys

ORONO, Maine — With tick season upon us, researchers at the University of Maine want to know what Mainers are doing...

25 April 2023

Maine’s oldest bioscience symposium turns 50 on MDI

Students and accomplished science leaders share research on Mt. Desert Island This April 20 marked the 50th anniversary meeting of the...

23 April 2023

Husson University students, faculty share projects at 13th annual Research Showcase

BANGOR, Maine — Today marked Husson University’s 13th annual Research and Scholarship Day. Students and faculty members at Husson shared the...

20 April 2023