Abaxis (ABAX) Raises Quarterly Dividend 10% to $0.11; 0.7% Yield

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Go back to Abaxis (ABAX) Raises Quarterly Dividend 10% to $0.11; 0.7% Yield

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