Mesa Labs: Fiscal 1Q Earnings Snapshot
LAKEWOOD, Colo. (AP) _ Mesa Laboratories Inc. (MLAB) on Tuesday reported fiscal first-quarter net income of $4.2 million.
The Lakewood, Colorado-based company said it had profit of $1.06 per share. Earnings, adjusted for amortization costs and stock option expense, were $1.84 per share.
The quality control instruments and disposable products maker posted revenue of $25.1 million in the period.
Mesa Labs shares have risen 56 percent since the beginning of the year. The stock has climbed 40 percent in the last 12 months.