Fountain Report Excerpts
See below for curated highlights from the most recent additions to the Fountain Report.
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The Arkansas State University board of trustees approved a plan to create a college of veterinary medicine at its Jonesboro campus, the only one in the state, according to the school. “We believe Arkansas State will attract even more undergraduate students who want to pursue degrees in science,” said ASU System President Chuck Welch. The [...]
Patterson Companies reported third quarter net sales of $1.6 billion, up 0.3%. Reported net income attributable to Patterson for the quarter was $53.9 million, or 55 cents per diluted share, compared to $57 million, or 58 cents per diluted share, last year. Reported net sales in the animal health segment were $969.4 million, with internal [...]
Dechra reported first-half revenue of 377.4 million pounds, up 13.5% from the prior year at actual exchange rates. Underlying operating profit of 90.3 million pounds was down 3.8%. Underlying diluted earnings per share were 55.44 pounds, down 13.4%. “Although Group underlying operating profit reduced year-over-year, this is largely due to the planned £13.0 million increase [...]
Elanco reported fourth quarter revenue of $988 million, down 11%. Reported net loss was $54 million, or 11 cents per share, compared to a net loss in 2021 of $104 million, or 21 cents a share. Adjusted net income was $95 million, or 19 cents per share, down 10%. Revenue for the year was $4.42 [...]
Zoetis reported fourth quarter revenue of $2 billion, up 4%. Net income of $461 million, or 99 cents a share, was up 11% and 14% respectively. Full-year revenue of $8 billion was up 4%. Full-year net income of $2.1 billion, or $4.49 a share, was up 4% and 5% respectively. For 2023, the company expects [...]