TheStreet.com Ratings: For the first quarter of fiscal 2009, the company announced quarterly sales of $93.8 million, an increase of 18% year over year. With a continued focus on cost containment and a shift in business mix contributed to a close to 200 basis point expansion in gross margin to 20.2% in the most recent period versus 18.3% a year earlier. Aceto's first quarter net income rose by over 250% when compared to the same quarter a year ago. This growth in turn helped boost EPS, which improved from 5 cents in the first quarter of fiscal 2008 to 18 cents in the most recent quarter. This continued a pattern of positive EPS growth demonstrated by Aceto over the past two years.

TheStreet.com Ratings: PetMed Express, which business as 1-800-PetMeds, markets and sells prescription and nonprescription pet medications, along with other health products for dogs, cats and horses... The company announced on Oct. 20 that its revenue rose 15.6% year over year in the second quarter of fiscal 2008. This growth helped lead to EPS growth of 38.9% when compared with the same quarter last year. The company has, in fact, demonstrated a pattern of positive EPS growth over the past two years, and we feel that this trend should continue. Net income also improved in the second quarter, rising 28.6% from $4.5 million in the second quarter of fiscal 2007 to $5.8 million in the most recent quarter. Strong earnings growth was key to helping drive the stock price higher over the last year, although other factors naturally played a role, as well. In addition, PetMed Express has no debt to speak of and a quick ratio of 5.5, factors which indicate the successful management of debt levels and the ability to cover short-term cash needs.

For the third quarter of fiscal 2008, the company reported that its EPS improved 35.6% year over year, rising from 73 cents to 99 cents. This continues a trend of positive EPS growth over the past two years. Return on equity improved slightly when compared to the same quarter one year prior, rising from 14.4% to 17%, while net operating cash flow increased significantly, rising 264.7% to $7.5 million. In addition, the company's debt-to-equity is very low at 0.1, implying there has been very successful management of debt levels.

For the third quarter of fiscal 2008, the company reported revenue growth of 18.7% year over year. This growth represents record revenue results for the company, and appears to have trickled down to NCI's bottom line, improving EPS by 28%. EPS increased from 25 cents in the third quarter of fiscal 2007 to 32 cents in the most recent quarter. Net income also increased, rising 31.6% from $3.3 million to $4.4 million. Return on equity improved slightly from 16.2% to 16.6%. NCI's strong earnings growth has helped the stock price climb higher over the past year.

For the third quarter of fiscal 2008, Emergency Medical's revenue grew 28.2% year over year, greatly exceeding the industry average of 3.5%. This growth appears to have helped boost the company's EPS, which improved significantly from 34 cents in the year-ago period to 66 cents in the most recent quarter. The company has demonstrated a pattern of positive EPS growth over the past two years, and we feel that this trend is likely to continue in the future. In addition, net income increased by 95.1% when compared to the same quarter a year ago, rising from $14.7 million to $28.6 million. Net operating cash flow also increased significantly, rising 99.2% to $75.1 million. Furthermore, a high quick ratio of 1.9 demonstrates strong liquidity, despite the fact that a debt-to-equity ratio that is higher than the industry average indicates that Emergency Medical's debt levels may need to be reevaluated.