PetMed Express, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported sales of $50,933,000 against $49,284,000 a year ago. Income from operations was $7,622,000 against $7,666,000 a year ago. Income before provision for income taxes was $7,673,000 against $7,712,000 a year ago. Net income was $4,890,000 against $4,797,000 a year ago. Diluted earnings per share were $0.24 against $0.24 a year ago. The increase in sales for the quarter ended December 31, 2015 can be attributed to increased new order sales, which increased 6.8%, and reorders sales, which increased 2.8%.

For the period, the company reported sales of $179,292,000 against $179,401,000 a year ago. Income from operations was $23,803,000 against $19,794,000 a year ago. Income before provision for income taxes was $23,951,000 against $19,935,000 a year ago. Net income was $15,149,000 against $12,502,000 a year ago. Diluted earnings per share were $0.75 against $0.62 a year ago. Net cash provided by operating activities was $22,635,000 against $29,528,000 a year ago. Purchase of property and equipment was $177,000 against $398,000 a year ago.