Heska posts record revenues but acquisition costs force net loss

LOVELAND — Heska Corp. (Nasdaq: HSKA) said it had its best quarter in company history with a year-over-year sales increase of 81% from the same period in 2019 but still posted a net loss.

The Loveland-based veterinary diagnostics company said it generated $56.6 million in revenue in the third quarter of 2020, with $34.4 million from U.S. sales and $22.2 million from sales abroad.

That revenue figure beat Wall Street consensus estimates by $7.72 million, according to data from finance site Seeking Alpha.

“Our teams delivered record revenue and near-universal outperformance across key metrics that…