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Mesa Labs: Fiscal 4Q Earnings Snapshot

June 1, 2020 GMT

LAKEWOOD, Colo. (AP) _ Mesa Laboratories Inc. (MLAB) on Monday reported a fiscal fourth-quarter loss of $1.7 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 37 cents. Earnings, adjusted for amortization costs and non-recurring costs, came to $1.29 per share.

The quality control instruments and disposable products maker posted revenue of $34.2 million in the period.

For the year, the company reported profit of $1.3 million, or 31 cents per share. Revenue was reported as $117.7 million.

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Mesa Labs shares have increased 6% since the beginning of the year. The stock has increased roughly 6% 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

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