earnings
confidence high
sentiment neutral
materiality 0.70
Mesa Labs Q4 revenue up 2.6% but net loss $4.1M; BPD revenue falls 29.9% on export controls
MESA LABORATORIES INC /CO/
- Q4 revenue $63.7M (+2.6% YoY); net loss $4.1M ($0.75 loss per share) vs prior year loss of $7.1M.
- Non-GAAP AOI margin 28.7% (vs 19.7% last year) driven by SDC backlog clearance and cost actions.
- BPD division revenue declined 29.9% due to export controls delaying Peptide system shipments; BPD core organic -31.6%.
- SDC organic growth 17.7% aided by ~$2M backlog reduction; full-year SDC organic 8.7%.
- Repaid $14.7M debt in Q4; net leverage ratio 2.11; CFO expects overall core organic growth positive in Q1 FY27.