Abaxis (ABAX) Tops Q2 EPS by 1c

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

October 24, 2017 4:01 PM EDT

UNION CITY, Calif., Oct. 24, 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 second fiscal quarter ended September 30, 2017.

Second quarter results include:

Revenues of $58.9 million, up 1% over last year's comparable quarter. Veterinary market revenues of $48.5 million, up 1% over last year's comparable quarter. International revenues of $11.9 million, up 3% over last year's comparable quarter. Revenues from sales of consumables, which include reagent discs, hematology... More