Bioanalytical Systems (BASI) Reports Q3 EPS of $0.16

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BASi Reports Third Quarter Net Income of $0.16 per Share

August 13, 2015 8:45 AM EDT

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

Jacqueline Lemke, BASis President and Chief Executive Officer, said, I am pleased to report net income of $1,478,000, or 24% of revenue, and $.16 per diluted share for the third quarter of fiscal year 2015 and $1,810,000 or 10.2% of revenue and $.16 per diluted share for the first nine months of fiscal 2015. The fiscal year 2015 results to date reflect improvement over the prior fiscal year third quarter net... More