Abaxis, Inc.

Medical device firm reports earnings of $0.04 per share

Published in Lab Business Week, March 6th, 2005

Abaxis, Inc., (ABAX), a medical products company manufacturing point-of-care blood analysis systems, reported financial results for the third fiscal quarter ended December 31, 2004.

Highlights for the third quarter of fiscal 2005 include:

1) Quarterly revenues of $12.1 million, compared to previous estimate of $10.5 - $12.0 million.

2) Quarterly fully diluted EPS: $0.04 compared to previous estimate of $0.02 - $0.04 per share.

3) Quarterly U.S. sales of $10.1 million; Quarterly international sales of $2.0 million.

4) Quarterly veterinary sales of $9.9 million, compared to $9.8 million in the...

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Source: Lab Business Week (2005-03-06)

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