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Abaxis Inc (ABAX.OQ)

ABAX.OQ on NASDAQ Stock Exchange Global Select Market

60.99USD
17 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Abaxis Sees Q3 2018 Revenue $59 Million To $60 Million
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Abaxis Inc ::EXPECTS OPERATING INCOME BEFORE INCOME TAX PROVISION IN THIRD FISCAL QUARTER OF FISCAL 2018 OF $9.0 MILLION TO $10.0 MILLION.ABAXIS REPORTS PRELIMINARY FINANCIAL PERFORMANCE FOR THE THIRD QUARTER OF FISCAL 2018.SEES Q3 2018 REVENUE $59 MILLION TO $60 MILLION.DURING Q3 OF FISCAL 2018, EXPECTS TO RECORD ONE-TIME NON-CASH CHARGE OF ABOUT $2.5 MILLION TO $3.5 MILLION TO ITS INCOME STATEMENT DUE TO TCJA.FOLLOWING TAX CUTS AND JOBS ACT, EXPECTS EFFECTIVE INCOME TAX RATE TO DECLINE BY 200 TO 300 BASIS POINTS IN FISCAL 2018.ABAXIS ESTIMATES ITS EFFECTIVE INCOME TAX RATE IN FISCAL 2019 WILL BE LOWER BY 1,000 TO 1,200 BASIS POINTS COMPARED TO FISCAL 2017​.  Full Article

Abaxis reports Q2 earnings per share $0.29
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Abaxis Inc :Abaxis reports financial performance for the second quarter of fiscal 2018 and declares quarterly cash dividend.Q2 revenue $58.9 million versus I/B/E/S view $61 million.Q2 earnings per share $0.29.Q2 earnings per share view $0.28 -- Thomson Reuters I/B/E/S.  Full Article

Abaxis Q1 earnings per share $0.30
Friday, 22 Jul 2016 

Abaxis Inc : Board of directors has approved a $30 million increase to its existing share repurchase program, to a total of $54 million . As of June 30, 2016, Abaxis had $24.0 million of its common stock available for repurchase under its share repurchase program . Abaxis reports financial performance for the first quarter of fiscal 2017 and declares a quarterly cash dividend . Q1 earnings per share $0.30 . Q1 revenue $57.7 million versus I/B/E/S view $58.7 million .Q1 earnings per share view $0.32 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Abaxis Sees Q3 2018 Revenue $59 Million To $60 Million

* EXPECTS OPERATING INCOME BEFORE INCOME TAX PROVISION IN THIRD FISCAL QUARTER OF FISCAL 2018 OF $9.0 MILLION TO $10.0 MILLION