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Bioanalytical revenue down 35% in the quarter
August 12, 2016
By: Kristin Brooks
Managing Editor, Contract Pharma
BASi 3Q Revenues: $5.1 million (-18%) 3Q Loss: $433K (earnings were $1.5 million 3Q15) YTD Revenues: $15.3 million (-14%) YTD Loss: $1.3 million (earnings were $1.8 million YTD15) Comments: Bioanalytical revenue was down 35%, due to fewer samples received and analyzed in the quarter. Product segment increased 11% to $1,280,000, driven by instrument sales from BASi Culex automated in-vivo sampling line, plus an increase in sales of analytical instruments and consumables. The compan...
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