earnings
confidence high
sentiment neutral
materiality 0.75
Mesa Labs Q3 revenue up 60% to $54.7M; GAAP operating loss $2.5M on Agena acquisition costs
MESA LABORATORIES INC /CO/
2022-Q3 EPS reported
$0.69
revenue$125,456,000
- Q3 revenue $54.7M (+60% YoY); organic revenue growth 12%.
- GAAP operating loss $2.5M; net loss $0.39/diluted share.
- Non-GAAP adjusted op. income $7.1M; excl. unusual items $13.8M (+73%).
- Biopharma division organic growth 46%; Calibration Solutions revenue fell 6%.
- Acquired Agena Bioscience in Oct 2021; cash reserves fell from $264M to $52M.