Abaxis (ABAX) Misses Q1 EPS by 5c

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Go back to Abaxis (ABAX) Misses Q1 EPS by 5c

Abaxis Reports Financial Performance for the First Quarter of Fiscal 2018 and Declares Quarterly Cash Dividend

July 27, 2017 4:01 PM EDT

UNION CITY, Calif., July 27, 2017 /PRNewswire/ -- Abaxis, Inc. (Nasdaq: 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 first quarter ended June 30, 2017.

First quarter results include:

Revenues of $58.3 million, up 1% from last year's comparable quarter. Veterinary market revenues of $48.4 million, up 1% over last year's comparable quarter. International revenues of $11.3 million, up 3% over last year's comparable quarter. Revenues from sales of consumables, which include reagent discs, hematology reagent kits,... More