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Mesa Labs Reports Higher Third Quarter Sales and Earnings.

Publication: PR Newswire
Publication Date: 08-FEB-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
LAKEWOOD, Colo., Feb. 8 /PRNewswire-FirstCall/ -- Mesa Laboratories, Inc. today reported higher sales and earnings for both its fiscal third quarter and nine months ended December 31, 2005.

For the third quarter of fiscal 2006, net sales increased eight percent to $2,741,000 from $2,530,000 in the same quarter last year. Net income for the quarter increased 13 percent to $637,000 or $.21 per diluted share compared to $563,000 or $.18 per diluted share one year ago.

For the first nine months of fiscal 2006, net sales increased 10 percent to $8,143,000 from $7,406,000 in the same period last year. Net income for the first nine months increased 14 percent to $1,978,000 from $1,736,000, and earnings per share increased 16 percent to $.64 per diluted share compared to $.55 per diluted share...

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