earnings
confidence high
sentiment negative
materiality 0.65
Mesa Labs Q3 revenue -1% to $54.3M; core organic growth 4.6%; net income up 122%
MESA LABORATORIES INC /CO/
2023-Q3 EPS reported
$0.06
revenue$163,489,000
- Revenues $54,287K, down 1% YoY; organic revenue decline 2.1% due to currency and other headwinds.
- Net income $451K ($0.08 diluted EPS) vs $203K in prior year; increase of 122%.
- Non-GAAP AOI excluding unusual items $12,856K (24% of revenue), down 7% YoY.
- Clinical Genomics revenues $15,585K, down 10% organic; core organic growth 3.3% ex-Sema4 would be 19%.
- SDC core organic growth 21.1%; Calibration Solutions impacted by supply chain constraints.