Abaxis (ABAX) Tops Q1 EPS by 3c

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Go back to Abaxis (ABAX) Tops Q1 EPS by 3c

Abaxis Reports Financial Performance for the First Quarter of Fiscal 2016, Declares Quarterly Cash Dividend

July 23, 2015 4:01 PM EDT

UNION CITY, Calif., July 23, 2015 /PRNewswire/ -- Abaxis, Inc. (NasdaqGS: ABAX), a medical products company manufacturing point-of-care blood analysis systems, today reported financial results for the first fiscal quarter ended June 30, 2015.

First quarter overview:

Revenues from continuing operations of $53.1 million, up 21% over last year's comparable quarter. Diluted EPS from continuing operations of $0.31, up 35% over last year's comparable quarter. Diluted EPS, including discontinued operations, of $0.31, up 48% over last year's comparable quarter.

Revenues highlights:

North America revenues from continuing operations of $42.3 million, up 21% over last... More