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BASi

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By: Tim Wright

Editor-in-Chief, Contract Pharma

BASi (Bioanalytical Systems) 4Q Revenues: $10.4 million (-3%) 4Q Loss: $203,000 (net loss of $736,000 in 4Q06) FY07 Revenues: $45.2 million (+5%) FY07 Earnings: $926,000 (net loss of $2.7 million in FY06) Comments: Sales declined in 4Q07 due to a drop in bioanalytical revenues, partly offset by growth in toxicology services and sales of the company’s Culex automated pharmacology systems. Net loss in the quarter included $354,000 in severance charges to several company office...

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