Mesa Laboratories, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 06, 2023 at 08:01 am EST
Share
Mesa Laboratories, Inc. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 53.17 million compared to USD 58.75 million a year ago. Net loss was USD 1.23 million compared to net income of USD 1.31 million a year ago. Basic loss per share from continuing operations was USD 0.23 compared to basic earnings per share from continuing operations of USD 0.25 a year ago. Diluted loss per share from continuing operations was USD 0.23 compared to diluted earnings per share from continuing operations of USD 0.24 a year ago.
For the six months, sales was USD 103.81 million compared to USD 109.2 million a year ago. Net loss was USD 1.78 million compared to USD 0.132 million a year ago. Basic loss per share from continuing operations was USD 0.33 compared to USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.33 compared to USD 0.02 a year ago.
Mesa Laboratories, Inc. is a multinational manufacturer, developer, and seller of life sciences tools and critical quality control solutions. Its segments include Clinical Genomics, Sterilization and Disinfection Control, Biopharmaceutical Development, and Calibration Solutions. Its Clinical Genomics segment develops, manufactures, and sells throughput genetic analysis tools used by labs to perform clinical genomic testing in several therapeutic areas. Its Sterilization and Disinfection Control segment manufactures and sells biological, chemical, and cleaning indicators used to assess the effectiveness of sterilization and disinfection processes. Biopharmaceutical Development segment develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions. Its Calibration Solutions segment develops, manufactures, and sells quality control products used to measure or calibrate temperature, pressure, pH, humidity, and other such parameters.
MESA LABORATORIES, INC. 
