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Stock impact report

Mesa Labs Announces Third Quarter Results [Yahoo! Finance]

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: Yahoo! Finance
science tools and critical quality control solutions, today announced results for its third fiscal quarter (“3Q24”) ended December 31, 2023. Third quarter FY 2024 compared to third quarter FY 2023: Revenues decreased 1.5% but increased 0.6% vs 2Q24 Non-GAAP core organic revenues decreased 9% Operating income decreased 102% Non-GAAP adjusted operating income excluding unusual items decreased 6.8% but increased 7.3% vs 2Q24 Non-GAAP adjusted operating income excluding unusual items as a percentage of revenues increased sequentially to 22.4% Executive Commentary (amounts in thousands) “Revenues of $53,473 for the quarter decreased 1.5% as compared to the third quarter of fiscal year 2023 (“3Q23”), due primarily to a 9.0% core organic revenues (“core organic”) decrease which was mostly offset by $3,837 from the GKE acquisition. The full benefit of the GKE acquisition will not be recognized until the upcoming quarter as the GKE entities were acquired at various times during Show less Read more
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