Mesa Laboratories (MLAB) Tops Q1 EPS by 2c

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Go back to Mesa Laboratories (MLAB) Tops Q1 EPS by 2c

Mesa Labs Reports 23 Percent Increase in First Quarter Net Income

August 3, 2015 8:00 AM EDT

LAKEWOOD, Colo., Aug. 3, 2015 (GLOBE NEWSWIRE) -- Mesa Laboratories, Inc. (NASDAQ: MLAB) (we, us, our, "Mesa" or the "Company") today reported a 23 percent increase in net income for the first quarter ended June 30, 2015.

Highlights for the current quarter compared to the same quarter last year:

Revenues increased 11 percent. Operating income increased 19 percent. Net income increased 23 percent. Non-GAAP adjusted net income1 increased 20 percent.

Revenues for the first quarter increased 11 percent to $18,158,000 as compared to $16,400,000 for the same quarter last year. Operating... More