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Mesa Labs Reports Higher Quarterly Sales and Earnings
Date:11/10/2008

Average Shares (Basic) 3,179,000 3,169,000 3,175,000 3,170,000

Average Shares (Diluted) 3,258,000 3,288,000 3,259,000 3,289,000

BALANCE SHEETS (Unaudited)

Sept. 30 March 31

2008 2008

Cash and Short-term

Investments $6,728,000 $5,770,000

Other Current Assets 9,363,000 8,641,000

Total Current Assets 16,091,000 14,411,000

Property and Equipment 3,477,000 3,488,000

Other Assets 7,577,000 7,634,000

Total Assets $27,145,000 $25,533,000

Liabilities $1,508,000 $1,794,000

Stockholders' Equity 25,637,000 23,739,000

Total Liabilities and

Equity $27,145,000 $25,533,000


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SOURCE Mesa Laboratories, Inc.
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