Mesa Laboratories Fiscal Q4 Results Miss Views

Mesa Laboratories reported pre-market Wednesday fiscal Q4 adjusted earnings and revenues that fell short of the average of two analysts polled by Capital IQ. For Q4 ended March 31, the supplier of quality control instruments reported adjusted EPS of $1.24 per share, down from $1.33 per share and below the $1.31 per share average estimate.

Revenues fell 2% year-over-year to $24.3 million and were below the $27.1 million average estimate. Looking ahead, CEO John Sullivan said the company expects to see “continue growth of revenues, both organically and through acquisitions,” in FY18.

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