Management Comments on Animal Health International, Inc. (AHII) Fiscal Year 2008 Financial Results and Outlook for 2009
Animal Health International, Inc. (NASD: AHII), through its wholly owned subsidiaries, is engaged in the distribution of animal health products in the United States and Canada. The company’s management team recently commented on its fiscal year 2008 financial results and outlook for 2009. Shares of Animal Health International declined earlier this week after the announcement of net income of $2.7 million, or $0.11 per fully diluted share. Analysts had predicted net income of $0.13 per share. Net sales increased 11.7 percent, or $18.6 million, to $178.3 million for the three months ended June 30, 2008, up from $159.7 million during…