Abaxis (ABAX) Declares $0.14 Quarterly Dividend; 1.1% Yield

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Abaxis Reports Financial Performance for the Fourth Quarter and Fiscal 2017 and Declares Quarterly Cash Dividend

April 27, 2017 4:01 PM EDT

UNION CITY, Calif., April 27, 2017 /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, 2017.

Fourth quarter and fiscal 2017 include:

Revenues from continuing operations of $58.2 million for the fourth quarter, up 2% over last year's comparable quarter, and $227.2 million for fiscal 2017, up 4% year-over-year. Veterinary market revenues for the fourth quarter of $47.4 million, up 2% over last year's comparable quarter, and $186.7 million for fiscal 2017, up... More