Mesa Labs Reports Higher Quarterly Sales an...(sales momentumthat has built up in our t...),Health

Date:11/10/2008

sales momentum that has built up in our three core product lines will carry on through the remaining fiscal year," continued John Sullivan. "All of our products are sold primarily into highly regulated industries and are therefore somewhat less prone to the ups and downs of discretionary capital spending. Having said that, we will take appropriate actions to maintain Mesa's excellent profitability, if that becomes necessary."

During the second quarter and first six months of fiscal 2009, sales of the Company's medical products and services increased 18 percent and 16 percent, respectively, compared to the prior year periods. The increase over these periods was due chiefly to higher sales of the Company's dialysate meters and parts and service.

During the second quarter and first six months of fiscal 2009, sales of DataTrace data logger products increased compared to the prior year. For the quarter, DataTrace sales increased 13 percent compared to the same period last year, while sales increased 22 percent for the six month period compared to the same period last year. The increase in DataTrace sales during the quarter reflects higher shipments of the new Micropack RF and Micropack III Humidity products, while the increase for the six month period is attributable chiefly to higher Micropack RF, Micropack III and High Temperature Thermal Barriers.

Second quarter and first six months of fiscal 2009 sales of Raven biological indicator products increased 17 percent and 14 percent, respectively, compared to the prior year period. The increase in Raven sales for the quarter was due to increases in sales of Prospore, Protest and Chemical Indicator products. The increase during the first six month period was also helped by an increase in sales of the company's core spore strip product line.

Profitability for the second quarter and six month periods of fiscal 2009 were up compared to the prior fiscal year due chiefly to the increase in revenues. Th
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SOURCE Mesa Laboratories, Inc. Copyright©2008 PR Newswire. All rights reserved

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