Abaxis (ABAX) Tops Q4 EPS by 4c

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Go back to Abaxis (ABAX) Tops Q4 EPS by 4c

Abaxis Reports Financial Performance for the Fourth Quarter and Fiscal 2016 and Declares a 9% Increase in Quarterly Cash Dividend

April 28, 2016 4:02 PM EDT

UNION CITY, Calif., April 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 fourth quarter and fiscal year ended March 31, 2016.

Fourth quarter and fiscal 2016 overview:

Revenues from continuing operations of $57.0 million for the fourth quarter, up 10% over last year's comparable quarter, and $218.9 million for fiscal 2016, up 8% year-over-year. Diluted EPS from continuing operations of $0.36 for the fourth quarter, up 112% over last year's comparable quarter, and $1.36 for fiscal 2016, up 49%... More