November 6, 2013

Heska returns to profitability in 3Q

LOVELAND – Heska Corp. (Nasdaq: HSKA) reported net income of $241,000 in the third quarter, compared with a loss of $32 thousand in the same period of 2012.

Revenue for the third quarter was up 4.1 percent to $17.6 million compared to $16.9 million in the third quarter of 2012.

In February, Heska acquired Cuattro Vet USA and integrated the company, renaming it Heska Imaging US. Third quarter 2013 marks a return to profitability following the acquisition.

“The integration of Cuattro Vet USA has gone extremely well, even better and faster than we expected,´ said Robert Grieve, Heska chief executive

“Our newly reorganized sales…

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