PetMed Express, Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, came to 24 cents per share, compared with the S&P Capital IQ consensus estimate of 24 cents per share.
In the prior-year period, the per-share result came in at a profit of 24 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $4.8 million, compared with $4.8 million in the year-earlier period.
The normalized profit margin fell to 9.4% from 9.8% in the year-earlier period.
Total revenue climbed on an annual basis to $50.9 million from $49.3 million, and total operating expenses grew year over year to $43.3 million from $41.6 million.
Reported net income totaled $4.9 million, or 24 cents per share, compared to $4.8 million, or 24 cents per share, in the prior-year period.