Abaxis (ABAX) Tops Q3 EPS by 3c

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Go back to Abaxis (ABAX) Tops Q3 EPS by 3c

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

January 25, 2018 4:01 PM EST

UNION CITY, Calif., Jan. 25, 2018 /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 third fiscal quarter ended December 31, 2017.

Third quarter results include:

Revenues of $59.7 million, up 13% over last year's comparable quarter. Diluted net income per share of $0.18, compared to $0.30 in last year's comparable quarter.  Diluted net income per share for the third quarter of fiscal 2018 includes the effect of a one-time non-cash... More