Abaxis (ABAX) Tops Q4 EPS by 23c

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Go back to Abaxis (ABAX) Tops Q4 EPS by 23c

Abaxis Reports Financial Performance for the Fourth Quarter and Fiscal 2015 and Declares a 10% Increase in Quarterly Cash Dividend

April 30, 2015 4:00 PM EDT

UNION CITY, Calif., April 30, 2015 /PRNewswire/ -- Abaxis, Inc. (NasdaqGS: ABAX), a medical products company manufacturing point-of-care blood analysis systems, today reported financial results for the fourth quarter and fiscal year ended March 31, 2015.

Fourth quarter and fiscal 2015 overview:

Revenues from continuing operations of $52.0 million for the fourth quarter, up 33% over last year's comparable quarter, and $202.6 million for fiscal 2015, up 25% year-over-year. Diluted EPS of $0.50 for the fourth quarter, up 194% over last year's comparable quarter, and $1.20 for fiscal 2015, up 90% year-over-year.  Diluted EPS... More

Abaxis Reconfigures Executive Management Team

April 30, 2015 8:01 AM EDT

UNION CITY, Calif., April 30, 2015 /PRNewswire/ -- Abaxis, Inc. (NasdaqGS: ABAX), a medical products company manufacturing point-of-care instruments and consumables for the medical, research, and veterinary markets worldwide, announced today changes to its executive management team.

Mr. Alberto "Al" Santa Ines, 68, chief financial officer and vice president of finance of Abaxis for the past 15 years will retire effective July 31, 2015.  Mr. Ross Taylor, currently the Company's vice president of business development and investor relations, will transition into the roles of chief financial officer and vice president of... More