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Abaxis Reports Financial Performance for the First Quarter of Fiscal 2015

nd Abaxis' other periodic reports filed with the United States Securities and Exchange Commission.  Forward-looking statements speak only as of the date the statements were made.  Abaxis does not undertake and specifically disclaims any obligation to update any forward-looking statements.

Financial Tables to Follow
 ABAXIS, INC.Condensed Consolidated Statements of Income(In thousands, except per share data)(Unaudited)Three Months EndedJune 30,2014



Cost of revenues


22,277Gross profit


20,892Operating expenses:Research and development 


3,173Sales and marketing 


10,028General and administrative


3,055Total operating expenses


16,256Income from operations


4,636Interest and other income (expense), net


404Income before income tax provision


5,040Income tax provision


1,811Net income


SOURCE Abaxis, Inc.
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