PetMed Express Inc. (NASDAQ:PETS) reported net income above Wall Street’s expectations for the second quarter. Net income for PetMed Express Inc. rose to $4 million ($200 per share) vs. $3.9 million (19 cents per share) in the same quarter a year earlier. This marks a rise of 2.6% from the year-earlier quarter. Revenue fell 0.1% to $58.1 million from the year-earlier quarter.
PetMed Express Inc. beat the mean analyst estimate of 23 cents per share. It fell short of the average revenue estimate of $77.3 million.