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Fountain Report Excerpts Nov 21, 2023

Employers are stepping up their efforts to offer pet insurance and other pet-related benefits to their employees, HR Dive reports. In 2022, 36% of large employers (those with more than 500 workers) provided pet insurance options to staff, up 22% from five years before, according to consulting firm Mercer. Pet insurance can serve as an [...]
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Fountain Report Excerpts Nov 14, 2023

Elanco reported third quarter revenue of $1.07 billion, up 4% on a reported basis. Pet health revenue was $495 million, up 6% on a reported basis. Farm animal revenue was $561 million, up 3%. Net loss for the quarter was $1.1 billion and $2.22 per diluted share on a reported basis, compared with net loss [...]
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Fountain Report Excerpts Nov 7, 2023

Idexx reported third quarter revenue of $916 million, up 9% reported and 8% organic. Revenue was driven by companion animal group growth of 9% reported and 8% organic and water revenue growth of 9% reported and 7% organic. Third quarter earnings per diluted share were $2.53, up 18% reported and 16% on a comparable basis. The [...]
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