Loveland Heska Corp. Reported First-Quarter Loss At $5.3 Million
Heska Corp., a Loveland-based company that makes veterinary products, reported their first-quarter loss at $5.3 million.
This comes after a profitable year during the same period, with losses likely attributed to the recent pandemic.
Heska experienced a loss of 70 cents per share, and after an adjustment for one-time gains and costs, Heska stock came to a total of 14 cents per share.
Heska shares have fallen 27% since the beginning of 2020, according to AP News.
Hopefully, the company will be able to recoup the cost of lost revenue.
Source: AP News