Abaxis (ABAX) Tops Q3 EPS by 2c, Revenue Light

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

January 28, 2016 4:01 PM EST

UNION CITY, Calif., Jan. 28, 2016 /PRNewswire/ -- Abaxis, Inc. (NasdaqGS: ABAX), a global diagnostics company manufacturing point-of-care blood analysis instruments and consumables for the medical and veterinary markets worldwide, today reported financial results for the third fiscal quarter ended December 31, 2015.

Third quarter highlights include:

Total medical and veterinary reagent disc sales of 2.3 million units, up 12% over last year's comparable quarter. International revenues of $11.8 million, up 12% over last year's comparable quarter. Gross profit from continuing operations of $29.6 million, up 3% over last year's comparable quarter. Income from... More