SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — Freshpet Inc. (FRPT) on Monday reported a loss of $2.9 million in its fourth quarter.
On a per-share basis, the Secaucus, New Jersey-based company said it had a loss of 6 cents.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The seller of refrigerated fresh pet food posted revenue of $165.8 million in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $151.1 million.
For the year, the company reported that its loss widened to $59.5 million, or $1.29 per share. Revenue was reported as $595.3 million.
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