earnings
confidence high
sentiment negative
materiality 0.75
Mesa Labs Q1: revenue up 44% but net loss of $1.4M; organic growth slows to 3%
MESA LABORATORIES INC /CO/
2023-Q1 EPS reported
-$0.27
revenue$50,453,000
- GAAP diluted EPS loss of ($0.27) vs prior-year EPS of $0.38; net loss of ($1.438M) from $1.995M income.
- Revenue $50.5M (+44% total, +3% organic); non-GAAP adjusted OI $6.158M (-33%) or $1.17/share.
- Clinical Genomics (29% rev) hit by China lockdowns; Sterilization & Disinfection down 2%.
- Biopharma Development grew 24%; Calibration Solutions fell 6% on supply chain shortages.
- Unusual items: $356K in Agena integration costs; management cites FX, labor, and material headwinds.