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Revenues up 17% in the quarter
December 22, 2014
By: Kristin Brooks
Managing Editor, Contract Pharma
BASi 4Q Revenues: $6.4 million (+17%) 4Q Loss: $404,000 (earnings were $252,000 4Q13) YTD Revenues: $24.6 million (+11%) YTD Loss: $1.1 million (earnings were $773,000 YTD13) Comments: Service revenue for the quarter was up 23% to $4.9 million, due to an increase in Preclinical services studies offset slightly by lower Bioanalytical services revenue. Product revenue was flat at $1.5 million. Impairment charges of $374,000 impacted results in the quarter and FY.
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