WASHINGTON (dpa-AFX) - PetMed Express Inc (PETS) Monday released financial results for the third quarter ended December 31, 2011, reporting net income of $3.9 million or $0.19 diluted per share for the quarter ended December 31, 2011, 3% lower than a net income of $4.5 million or $0.20 diluted per share reported for the quarter ended December 31, 2010. Net sales for the third quarter, however, increased 12% to $50.5 million, from $45.1 million reported for the corresponding quarter last year. For the nine months ended December 31, 2011, net income was $12.7 million or $0.61 diluted per share, 17% lower than net income of $16.7 million or $0.74 diluted per share reported for the nine months ended December 31, 2010. Net sales for the nine months ended December 31, 2011 were $182.3 million, compared to $180.7 million for the nine months ended December 31, 2010.
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