Navigation Links
Abaxis Reports Financial Performance For The First Quarter Of Fiscal 2014
Date:7/25/2013

UNION CITY, Calif., July 25, 2013 /PRNewswire/ -- Abaxis, Inc. (NasdaqGS: ABAX), a medical products company manufacturing point-of-care blood analysis systems, today reported financial results for the first fiscal quarter ended June 30, 2013.

Quarterly highlights include:

  • Total veterinary instrument sales of $7.6 million, up 14% over last year's comparable quarter.
  • Total veterinary instrument sales of 1,103 units, up 13% over last year's comparable quarter.
  • Total sales in the veterinary market of $36.4 million, up 12% over last year's comparable quarter.
  • North America revenues of $34.7 million, up 4% over last year's comparable quarter.
  • Revenues of $43.2 million, up 3% over last year's comparable quarter.
  • Service revenues from Abaxis Veterinary Reference Laboratories (AVRL) of $2.2 million, up 157% over last year's comparable quarter.
  • Diluted EPS of $0.14, up 8% over last year's comparable quarter.
  • Cash, cash equivalents and short- and long-term investments as of June 30, 2013 of $103.8 million, an increase of $8.6 million from March 31, 2013.
  • Quarterly Results:  For the fiscal quarter ended June 30, 2013, Abaxis reported revenues of $43.2 million, as compared with revenues of $42.0 million for the comparable period last year, an increase of 3 percent.  Revenues from sales of instruments, which include chemistry analyzers, hematology instruments, VSpro specialty analyzers and i-STAT analyzers, decreased by $1.2 million or 12 percent, compared to the same period last year.  Revenues from sales of consumables, which include reagent discs, hematology reagent kits, VSpro specialty cartridges, i-STAT cartridges and rapid tests, increased by $1.1 million, or 4 percent, over the same period last year.  Abaxis reported net income of $3.2 million for the fiscal quarter ended June 30, 2013, compared to $2.9 million for the same period last ye
    '/>"/>

    SOURCE Abaxis, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9

    Related medicine technology :

    1. Abaxis, Inc. to Present at the Jefferies 2012 Global Healthcare Conference
    2. Abaxis Enters Into Definitive Agreement To Deliver 300 Piccolo Xpress Instruments For A Four-Year Drug Clinical Trial
    3. Abaxis To Report First Quarter Fiscal Year 2013 Financial Results Thursday, July 26, 2012
    4. Abaxis Reports Financial Performance For The First Quarter Of Fiscal 2013
    5. Abaxis, Inc. to Present at the Canaccord Genuity 32nd Annual Growth Conference
    6. Abaxis, Inc. to Present at the Morgan Stanley Global Healthcare Conference
    7. Abaxis, Inc. to Present at CL Kings 10th Annual Best Ideas Conference 2012
    8. Abaxis, Inc. to Present at UBS Global Life Sciences Conference
    9. Abaxis Announces the Launch of Kidney Profile Plus Panel
    10. Abaxis Announces Exclusive Distribution Agreement with Abbott
    11. Abaxis, Inc. to Present at the Lazard Capital Markets 9th Annual Healthcare Conference
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:9/1/2015)... Sept. 1, 2015 NOWDiagnostics Inc., based in ... Corporation of Canada , a move ... a world where people have greater access to information ... a line of unique blood-based rapid tests that allow ... for a variety of ailments and diseases. ZBx Corporation, ...
    (Date:9/1/2015)... WAYNE, N.J. , Sept. 1, 2015 ... II CS-7s Computed Radiography (CR) system, designed to deliver ... practices. By utilizing the same Control Station as the ... is assured with an upgrade path from CR to ... patient imaging to help improve workflow with unparalleled reliability ...
    (Date:9/1/2015)... LAS VEGAS , Sept. 1, 2015  Dr. ... DigiPath Labs , the cannabis testing subsidiary of ... United Patients Group about the lack of consistency ... with the online resource for medical cannabis information, she ... hurting patients because their lack of uniform requirements makes ...
    Breaking Medicine Technology:NOWDiagnostics Inc. Acquires Canada's ZBx Corporation 2NOWDiagnostics Inc. Acquires Canada's ZBx Corporation 3Konica Minolta Launches New CR System with Low-Cost Upgrade Path to DR 2DigiPath Labs CSO Dr. Cindy Orser Calls for Uniform Standards for Cannabis Safety Testing 2DigiPath Labs CSO Dr. Cindy Orser Calls for Uniform Standards for Cannabis Safety Testing 3
    (Date:9/1/2015)... , ... September 01, 2015 , ... September is National ... disease that affects more than 233,000 men each year in the United States. , ... most common non-skin cancer in America, affecting 1 in 7 men. One new case ...
    (Date:9/1/2015)... ... September 01, 2015 , ... Earth ... its new fall collection. Every customer who buys an Earth Brand shoe will ... environmental partnership with Trees for the Future, a nonprofit dedicated to planting more ...
    (Date:9/1/2015)... ... September 01, 2015 , ... Stress ... stress created from everyday life changes can lead to very serious, life-altering events. ... for coping with stress. Herbal supplement manufacturer MediHerb has coupled therapeutic ...
    (Date:9/1/2015)... ... September 01, 2015 , ... Horizon Blue Cross Blue Shield of New Jersey ... in the LATINA Style 50 Report that recognizes companies that provide the best career ... Horizon BCBSNJ climbs from number 24 to 21 of the 50 Best Companies for ...
    (Date:9/1/2015)... ... 01, 2015 , ... As part of its ongoing commitment ... Minnesota (Blue Cross) has announced Doctor On Demand as the company’s preferred telehealth ... Demand provides immediate access to Board Certified physicians or next-day appointments with psychologists ...
    Breaking Medicine News(10 mins):Health News:September is Prostate Cancer Awareness Month 2Health News:September is Prostate Cancer Awareness Month 3Health News:Earth Brands Footwear Partners with Trees for the Future for Launch of Fall Collection: Buy Shoes, Plant a Tree 2Health News:Earth Brands Footwear Partners with Trees for the Future for Launch of Fall Collection: Buy Shoes, Plant a Tree 3Health News:MediHerb Launches New Herbal Supplement to Help with the Challenges of Everyday Life 2Health News:MediHerb Launches New Herbal Supplement to Help with the Challenges of Everyday Life 3Health News:Horizon Blue Cross Blue Shield of New Jersey Named One of the 50 Best Companies for Latinas by Latina Style Magazine 2Health News:Horizon Blue Cross Blue Shield of New Jersey Named One of the 50 Best Companies for Latinas by Latina Style Magazine 3Health News:Blue Cross and Blue Shield of Minnesota names Doctor On Demand as preferred telehealth destination 2Health News:Blue Cross and Blue Shield of Minnesota names Doctor On Demand as preferred telehealth destination 3
    ... pulmonary disease) diminishes the heart,s ability to pump effectively even ... research published in the Jan. 21 issue of the ... first time researchers have shown strong links between heart function ... Heart, Lung, and Blood Institute (NHLBI) of the National Institutes ...
    ... imperfecta, researchers say , WEDNESDAY, Jan. 20 (HealthDay News) ... of brittle bone disease has been pinpointed by researchers. ... in a sequence of genes involved in previously unexplained ... that weakens bones, resulting in frequent fractures. , The ...
    ... WASHINGTON , Jan. 20 Family Research ... released the following statement regarding the Massachusetts Senate ... seat considered to be in the left-hand column into eternity, the ... Obama,s desperate visit to the Bay State made it ...
    ... while working out feels like second nature to many people, ... to consider the volume levels in our earphones while working ... of Speech Pathology and Audiology at the Faculty of Rehabilitation ... gym often prompts people to turn up the volume to ...
    ... miles up are on the rise, , WEDNESDAY, Jan. 20 (HealthDay ... reporting that springtime ozone levels above western North America are on ... Asia. , The boosts in ozone could make it hard ... level air set by the Clean Air Act, according to the ...
    ... JANUARY 2010 -- The widespread use of so-called fertility drugs, ... than previously realized in the growing problem of premature births ... percentage of multiple births, the March of Dimes said today. ... published in the American Journal of Epidemiology by ...
    Cached Medicine News:Health News:COPD, even when mild, limits heart function 2Health News:COPD, even when mild, limits heart function 3Health News:New Gene ID'd in Brittle Bone Disease 2Health News:FRC: Mass Election Results a Near Revolutionary Rejection of President Obama's Leftist Agenda 2Health News:Asian Air May Be Worsening Ozone Over U.S. 2Health News:Fertility drugs contribute heavily to multiple births 2Health News:Fertility drugs contribute heavily to multiple births 3
    ... Echoscan US-800 Ultrasonic A-Scan ... a compact, portable package. Besides,its ... allows highly accurate measurement and ... functions: automatic freezing and manual ...
    ... A-Scan unit with graphic display and IOL ... combination units include firmware module with SRK ... formulas. All model DGH 5000e and DGH ... software reducing the possibility of short readings. ...
    The AccuSonic A-scan makes it easy to obtain extreme accuracy and improved patient outcomes. Obtain accurate measurements with industry leading signal acquisition and processing....
    The UD-1000 incorporates the latest ultrasound technology for eyecare specialists. It is the ideal choice for your modern diagnostic laboratory. The UD-1000 combines a powerful B-sector scan system w...
    Medicine Products: