AP NEWS

Mesa Labs: Fiscal 3Q Earnings Snapshot

February 10, 2020 GMT

LAKEWOOD, Colo. (AP) _ Mesa Laboratories Inc. (MLAB) on Monday reported a fiscal third-quarter loss of $4.6 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Lakewood, Colorado-based company said it had a loss of $1.06. Earnings, adjusted for stock option expense and amortization costs, came to 62 cents per share.

The quality control instruments and disposable products maker posted revenue of $31.7 million in the period.

Mesa Labs shares have climbed 7.5% since the beginning of the year. The stock has climbed 14% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLAB at https://www.zacks.com/ap/MLAB