Thursday, January 30, 2014

Abaxis Inc (NASDAQ:ABAX) reports earnings Thur 30 Jan 2014 a/h

ABAX before earnings


after earnings:
38.04  -1.77 (-4.45%)
After Hours: 33.00 -5.04 (-13.25%)
Jan 30, 4:22PM EST  

Abaxis, Inc. (NasdaqGS: ABAX), a medical products company manufacturing point-of-care blood analysis systems, today reported financial results for the third fiscal quarter ended December 31, 2013.
Quarterly highlights include:
Quarterly Results:  For the fiscal quarter ended December 31, 2013, Abaxis reported revenues of $40.8 million, as compared with revenues of $49.8 million for the comparable period last year, a decrease of 18 percent.  Revenues from sales of instruments, which include chemistry analyzers, hematology instruments, VSpro specialty analyzers and i-STAT analyzers, decreased by $5.8 million, or 42 percent, compared to the same period last year. 


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