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Stock impact report

Mesa Labs Announces First Quarter Results

Mesa Laboratories, Inc. (MLAB) 
Last mesa laboratories, inc. earnings: 2/10 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: mesalabs.com/corporate
Company Research Source: GlobeNewswire
LAKEWOOD, Colo., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Mesa Laboratories, Inc. (NASDAQ:MLAB) today reported results for its first fiscal quarter (“1Q22”). Financial highlights for the quarter ended June 30, 2021 as compared to last year: Revenues increased 17%Operating income decreased 13%Non-GAAP adjusted operating income1 excluding unusual items increased 12% Financial Results (amounts in thousands, except per share data) In comparison to the same quarter in the prior year (“1Q21”), 1Q22 revenues increased 17% to $34,920, operating income decreased 13% to $3,123, and net income was $1,995, an increase of 64% or $0.38 per diluted share of common stock. As detailed in the Unusual Items table below, operating income for the first quarter of the previous year was impacted by unusual items totaling $(364). Excluding the unusual items, operating income would have decreased 3% to $3,123 for 1Q22. On a non-GAAP basis, in comparison to the same quarter in the prior year, both 1Q22 adjust Show less Read more
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