Freshpet Posts $317.8 Million in Q3 Revenue as Net Income Falls

Freshpet, Inc. posted third-quarter revenue of $317.8 million, up 10% year over year, while GAAP earnings per share of $0.58 beat estimates and net income fell from a year earlier. The earnings-per-share figure exceeded estimates by $0.19. Revenue was $5.88 million above estimates. Net income was $29.7 million, compared with $101.7 million in the year-earlier quarter. That earlier period included a discrete tax benefit of $77.9 million. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost