Abaxis Vet Sales Increase 10% In Q3



Published:

Abaxis Inc. reported veterinary market sales of $26.3 million for its third quarter ended Dec. 31, compared to sales of $23.9 million in the year-ago period. This represents a 10 percent increase.

Year to date, veterinary market sales were $79.8 million, compared to sales of $67.4 million in the year-ago period.

Overall, Abaxis reported net income of $3.8 million on revenue of $35.9 million for its third quarter, compared to net income of $3.4 million on revenue of $31 million in the year ago period.

Medical and veterinary instrument sales increased 10 percent to $9.3 million for the quarter, while medical and veterinary reagent disc sales increased 20 percent to $19.5 million for the quarter, according to the Union City, Calif.-based company.

Year to date, Abaxis reported net income of $11.2 million on revenue of $106.1 million, compared to net income of $10.4 million on revenue of $90.9 million in the year-ago period.

<Home>

Edit Module
Edit ModuleShow Tags

Archive »Read More

LSU Seeks Horses with Gastric Ulcers

Clinicians at the Louisiana State University Veterinary Teaching Hospital are evaluating a new investigational drug for the treatment of gastric ulcers in horses.

Paralyzed Dog About to be Euthanized Saved When Vet Intern Finds Tick in his Neck

Ollie the Collie is one lucky dog.

Austin Veterinary Ophthalmologist Receives State Association Award

Audrey Yu-Speight, DVM, has received the 2016 Texas Academy of Veterinary Practice (TAVP) Clinical Referral and Consultation Award.

Add your comment:
Edit Module
Edit Module
Edit ModuleEdit ModuleShow Tags Edit Module
Edit Module Edit Module
Edit ModuleShow Tags

Events


Show More...
Edit Module
Edit Module