Thursday, March 1, 2018

Patterson Q3 Profit Surges, Revises FY18 Guidance; CFO Ann Gugino Leaves

Patterson Co. Inc. (PDCO) Thursday reported a surge in third quarter net income to $109.0 million, or $1.18 per share from $24.54 million, or $0.26 per share a year ago. The company has recorded income tax benefit of $68.59 million in the latest quarter compared to an expenses of $8.38 million. On an adjusted basis, earnings from continuing operations were $39.6 million or $0.43 per share.

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