Bioanalytical Systems (BASI) Reports Q2 Loss of $0.01

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BASi Reports Second Quarter Results

May 14, 2015 9:02 AM EDT

WEST LAFAYETTE, Ind.--(BUSINESS WIRE)-- Bioanalytical Systems, Inc. (NASDAQ: BASI) today (BASi or the Company) announced financial results for the second quarter of fiscal 2015.

The second quarter and first half financial results, overall, indicate flat to slightly lower revenue growth versus the prior fiscal year. I am encouraged, however, that the long term will reflect that BASi is consistently improving our focus on providing high-quality, timely data and laboratory instruments in support of new drug discoveries and is growing the business . We have intensified our efforts to actively recruit... More