Live Breaking News & Updates on Covetru Global Technology Services

Portland-based Covetrus Inc. (Nasdaq: CVET) on Monday reported 2020 net sales of $4.3 billion, including $1.1 billion in the fourth-quarter year-over-year increases of 9% and 11% respectively. 
For the year, the animal-health company reported a loss of $19 million, or 22 cents per share, compared to $980 million, or $9.14 per share, in the previous year. During 2019, the company recorded a goodwill impairment charge of $939 million.
For the fourth quarter, Covetrus had a loss of $4 million, or 4 cents per share, compared to a loss of $37 million, or 33 cents per share, during Q4 2019.
Covetrus, which provides technology and services to 100,000 veterinary practices around the world, attributed much of its 2020 performance to meeting new customer demands brought on by the pandemic.  ....

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