SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — Freshpet Inc. (FRPT) on Monday reported a loss of $1.7 million in its second quarter.
On a per-share basis, the Secaucus, New Jersey-based company said it had a loss of 3 cents.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.
The seller of refrigerated fresh pet food posted revenue of $235.3 million in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $230.9 million.
Freshpet expects full-year revenue of $965 million.
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