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Abaxis Reports Record Financial Performance for the First Quarter of Fiscal 2010
Date:7/30/2009

Condensed Consolidated Statements of Operations (In thousands, except per share data) (Unaudited) Three Months Ended June 30, -------- 2009 2008 ---- ---- Revenues $29,625 $24,572 Cost of revenues 12,470 11,069 ------ ------ Gross profit 17,155 13,503 ------ ------ Operating expenses: Research and development 2,573 1,997 Sales and marketing 6,360 5,827 General and administrative 2,498 1,662 ----- ----- Total operating expenses 11,431 9,486 ------ ----- Income from operations 5,724 4,017 Interest and other income (expense), net 514 462 --- --- Income before income tax provision 6,238 4,479 Income tax provision 2,482 1,703 ----- ----- Net income $3,756 $2,776
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1. Abaxis to Report First Quarter Fiscal 2010 Financial Results Thursday, July 30, 2009
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