08.14.15
BASi
3Q Revenues: $6.2 million (+2%)
3Q Earnings: $1.5 million (earnings were $215,000 3Q14)
YTD Revenues: $17.7 million (-2%)
YTD Earnings: $1.8 million (loss of $666,000 YTD14)
Comments: Service revenue for the quarter increased 5% to $5.0 million driven by Preclinical service and Bioanalytical analysis revenues partially offset by lower other lab services revenue. Product revenue decreased 10% to $1.1 million due to lower Analytical instrument sales.
3Q Revenues: $6.2 million (+2%)
3Q Earnings: $1.5 million (earnings were $215,000 3Q14)
YTD Revenues: $17.7 million (-2%)
YTD Earnings: $1.8 million (loss of $666,000 YTD14)
Comments: Service revenue for the quarter increased 5% to $5.0 million driven by Preclinical service and Bioanalytical analysis revenues partially offset by lower other lab services revenue. Product revenue decreased 10% to $1.1 million due to lower Analytical instrument sales.