|
|
Article: Veterinary Pet Services, Inc. Announces a 36.5 Percent Increase in First Quarter 2003 Revenue and a 39.8 Percent Increase in Net Income; Results Show Continued Steady Growth of Revenues and Profitability.
- Article from:
- PR Newswire
- Article date:
- June 19, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BREA, Calif. -- BREA, Calif., June 19 /PRNewswire/ -- Veterinary Pet Services, Inc. (VPSI), the parent company of Veterinary Pet Insurance Company (VPI) and its subsidiary, DVM Insurance Agency, announced a 36.5 percent increase in revenue for the quarter ended March 31, 2003. Revenue grew to $11.3 million compared to $8.3 million for the same period in 2002.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030422/LATU070LOGO )
Net income also grew from $437,000 in the first quarter of 2002 to $611,000 in the first quarter of 2003 for an increase of 39.8 percent. The results were reported in the company's Quarterly Report on Form 10-Q, filed with the ...