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Revenues up 2% driven by preclinical and bioanalytical services
August 14, 2015
By: Kristin Brooks
BASi 3Q Revenues: $6.2 million (+2%) 3Q Earnings: $1.5 million (earnings were $215,000 3Q14) YTD Revenues: $17.7 million (-2%) YTD Earnings: $1.8 million (loss of $666,000 YTD14) Comments: Service revenue for the quarter increased 5% to $5.0 million driven by Preclinical service and Bioanalytical analysis revenues partially offset by lower other lab services revenue. Product revenue decreased 10% to $1.1 million due to lower Analytical instrument sales.
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