Navigation Links
Abaxis Reports Financial Performance for the Fourth Quarter and Fiscal 2009
Date:4/29/2009

xis, commented, "While the impact of the weak economy took its toll during the quarter, we are pleased with the overall results for the year and we look forward to fiscal 2010. Given current economic conditions we are pleased with the solid double-digit (12 percent) annual growth in the recurring revenue component of our business, maintaining solid gross margins and selling more than 5 million reagent discs during the fiscal year, a milestone for the company. We are also gratified with the initial market acceptance of our recently introduced VetScan Canine Heartworm Rapid Tests."

"With regards to the financial condition of the company, Abaxis is in a very strong position with cash and investments approaching $75 million and a balance sheet with no long-term debt. Our dedication over the years to operating this company on a conservative financial basis has served us well in the past and particularly so during the current global macro-economic downturn. We believe that as the economy works its way through the recession, Abaxis is well positioned to resume a strong growth trajectory."

"An important contributor to that growth trajectory will be the process improvements and product manufacturing quality that have been achieved in the past 18 months across our entire manufacturing platform under the watchful eye of Don Wood, our vice president of operations. Don has reshaped our manufacturing processes and has focused the energy and innovative spirit of our team to achieve significant efficiencies in the production of leading-edge point-of-care technology. The Board of Directors have elected to promote Don Wood to the position of Chief Operations Officer, effective April 22, 2009, and he will be an integral part of the executive management team of Abaxis. We appreciate all of Don's efforts to this point and we expect even greater contributions going forward," concluded Mr. Severson.

Conference Call


'/>"/>

SOURCE Abaxis, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine news :

1. Abaxis to Report Fourth Quarter Fiscal 2009 Financial Results Wednesday, April 29, 2009
2. ABAXIS Realigns North American Medical Sales and Marketing
3. Abaxis, Inc. to Attend Lazard Capital Markets Medical Technologies Conference
4. Abaxis, Inc. to Present at Sidoti & Companys Thirteenth Annual New York Emerging Growth Institutional Investor Forum
5. Abaxis Reports Financial Performance for the Third Quarter of Fiscal 2009
6. ABAXIS Announces Launch of Two New Products at the NAVC
7. ABAXIS Announces Contract Manufacturing Agreement with SA Scientific, Ltd.
8. Abaxis, Inc. to Present at Sidoti & Companys Sixth Annual Palm Beach Emerging Growth Institutional Investor Forum
9. Abaxis, Inc. to Present at Needham & Companys Eleventh Annual Growth Stock Conference
10. Abaxis Point-of-Care Test Panels Gain FDA CLIA-Waived Status
11. Abaxis, Inc. to Present at the 20th Annual Piper Jaffray Health Care Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/11/2014)... 11, 2014 Los Angeles dental ... he uses mini and full mouth implants to replace ... feature that distinguishes dental implants from other tooth replacements: ... the crowns. This alone prevents the long-term complications of ... advantages related to comfort, appearance and systemic health. Mini ...
(Date:7/11/2014)... Maureen Salamon HealthDay Reporter ... the millions of women who can,t cough, sneeze or ... treatment that uses stem cells to regenerate weakened urethra ... found that injecting stem cells isolated from patients, own ... participants within a year. Stress incontinence affects ...
(Date:7/11/2014)... 11, 2014 Recent research findings regarding Fourth ... atmosphere, and how water affects human bodies. That was the ... during an interview on the Sharon Kleyne Hour Power of ... , Gerald Pollack, PhD, is a Professor of Bioengineering at ... Phase of Water (Ebner & Sons, 2013). , ...
(Date:7/11/2014)... WA (PRWEB) July 11, 2014 Shoulder ... the rate of return to play has not been ... the American Orthopaedic Society for Sports Medicine’s ( AOSSM ... NFL players is approximately 90 percent no matter what ... highlighted the success rate of return to play following ...
(Date:7/11/2014)... (ACL) reconstructions occur more than 200,000 times a year, ... new ligament may determine how long you stay in ... the Annual Meeting of the American Orthopaedic Society of ... highlight that in a young athletic population, allografts (tissue ... autografts (tissue harvested from the patient)," said Craig R. ...
Breaking Medicine News(10 mins):Health News:Dental Implant Dentist, Kevin Sands DDS, Now Uses Mini and Full Mouth Implants to Replace Missing Teeth 2Health News:Stem Cells May Ease Urinary Incontinence, Study Says 2Health News:Stem Cells May Ease Urinary Incontinence, Study Says 3Health News:Recent Fourth Phase Water Discoveries Alter Basic Understanding of Life, Claims Researcher on Sharon Kleyne Hour 2Health News:Recent Fourth Phase Water Discoveries Alter Basic Understanding of Life, Claims Researcher on Sharon Kleyne Hour 3Health News:Stabilizing Shoulder Surgery Helps NFL Players Return to the Game 2Health News:ACL reconstructions may last longer with autografts 2
... forced migrations, refugee crisis, large-scale rape of women in sub-Saharan ... that area is a myth. This is according to a ... published this week in the British medical journal The Lancet. ... conflict spread HIV infection in host communities; the reverse may ...
... that regular vaccination of infants against H. influenzae type ... and meningitis, could save innumerable children in Asia. ... online in The Pediatric Infectious Disease Journal, has established ... vaccine prevented more than one-third of acute pneumonia cases ...
... found that a new type of engineered drug may have ... ,The study by researchers at the Ohio State University Comprehensive ... ,The research has established that an engineered drug ... tube and early animal tests. ,The agent ...
... Abuse and Alcoholism (NIAAA), a part of the U.S. ... subtypes of alcoholism by analysing a national sample ... findings should help dispel the popular notion of the ... NIAAA Associate Director for Clinical and Translational Research. ...
... Anxiety disorders seem to afflict humans very early, not sparing even ... for anxiety disorders in New South Wales in Australia. ... figures released by Macquarie University's Anxiety Research Unit show. ... per cent compared to a rate of about 1 per ...
... revealed that the secret of his relatively wrinkle-free visage at the ... ,The slender rock star, notorious for his wild ... applies a special cream under his eyes in order to keep ... the Daily Express quotes him as saying. ,"I ...
Cached Medicine News:Health News:War Spreading AIDS a Myth-UNHCR 2Health News:Routine Hib Vaccination Could Save Innumerable Asian Children 2Health News:Routine Hib Vaccination Could Save Innumerable Asian Children 3Health News:New Engineered Drug Shows Promise in Treating Lymphocytic Leukaemia 2Health News:Researchers Identify Five Distinct Subtypes of Alcoholism 2Health News:Researchers Identify Five Distinct Subtypes of Alcoholism 3Health News:Anxiety Disorders Show in Tiny Tots 2
(Date:7/10/2014)... , July 10, 2014   Ventana Medical ... today announced it has entered into an agreement with ... operates as EMD Serono in the United ... to collaborate with Merck KGaA,s biopharmaceutical division on the ... an undisclosed target using Ventana,s proprietary diagnostic assays. In ...
(Date:1/15/2014)... Jan. 15, 2014 Sono-Tek Corporation (OTC BB: SOTK) today ... 30, 2013, compared to sales of $2,202,000 for the prior ... this quarter has also shown growth over the preceding quarter,s ... of this fiscal year. Markets that experienced sales increases over ...
(Date:1/15/2014)... today announced it has established a relief fund ... that has gripped much of the nation. AARP and its ... support these emergency relief efforts AARP and AARP Foundation will ... to $500,000 in aid. The matching program will be administered ...
Breaking Medicine Technology:Ventana Medical Systems, Inc. and Merck KGaA, Darmstadt, Germany to develop companion diagnostic test for cancer treatment 2Ventana Medical Systems, Inc. and Merck KGaA, Darmstadt, Germany to develop companion diagnostic test for cancer treatment 3Sono-Tek Announces Third Quarter Results 2Sono-Tek Announces Third Quarter Results 3Sono-Tek Announces Third Quarter Results 4AARP Foundation Establishes Winter Relief Fund for Older Adults Suffering from the Severe Cold Weather 2AARP Foundation Establishes Winter Relief Fund for Older Adults Suffering from the Severe Cold Weather 3
Idophor PVP Scrub Winged Sponges...
Triad Plus PVP-I Scrub Winged Sponges...
... preoperative skin preparation an ... site infections. Scrub Care brand ... offer high efficacy and safety ... Prevail-Fx offers the highest level ...
Single-dose applicator. Provides a superior, hands-off "friction scrub," enhancing the efficacy of the antiseptic solution it delivers....
Medicine Products: