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Covetrus will pay $23 5M to settle criminal charge of animal drug misbranding
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Doing business in Maine becomes a reality for more people
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Covetrus names new chief accounting officer to succeed Laura Phillips
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By Staff
Portland-based Covetrus Inc. (Nasdaq: CVET) on Thursday reported an increase in net sales during this year s first quarter of $1.1 billion, an increase of 3% compared to the first quarter of 2020.
But the company reported a net loss for Q1 this year of $16 million, or 11 cents per diluted share, which compared to a net loss in Q1 2020 of $33 million, or 30 cents.
“The team delivered a strong start to 2021 and added strength to our foundation with healthy and profitable growth across each of the company’s segments,” Ben Wolin, president and CEO of the animal-health technology and services company, said in a news release.