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Mesa Labs: Fiscal 4Q Earnings Snapshot

LAKEWOOD, Colo. (AP) _ Mesa Laboratories Inc. (MLAB) on Monday reported fiscal fourth-quarter net income of $1.4 million.

The Lakewood, Colorado-based company said it had net income of 34 cents per share. Earnings, adjusted for stock option expense and amortization costs, were $1.75 per share.

The quality control instruments and disposable products maker posted revenue of $26.4 million in the period.

For the year, the company reported net income of $7.5 million, or $1.86 per share, swinging to a profit in the period. Revenue was reported as $103.1 million.

Mesa Labs shares have risen 12% since the beginning of the year. The stock has increased 43% in the last 12 months.


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