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Abaxis Inc (ABAX.OQ)

ABAX.OQ on NASDAQ Stock Exchange Global Select Market

83.03USD
18 Jun 2018
Change (% chg)

$-0.23 (-0.28%)
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Open
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Volume
34,331
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96,273
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$83.94
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Latest Key Developments (Source: Significant Developments)

Abaxis Announces USDA Approval Of New VetScan FLEX4 Rapid Test
Monday, 22 Jan 2018 07:00am EST 

Jan 22 (Reuters) - Abaxis Inc ::ABAXIS, INC. ANNOUNCES USDA APPROVAL OF NEW VETSCAN FLEX4 RAPID TEST.ABAXIS INC - ‍USDA, CENTER FOR VETERINARY BIOLOGICS, APPROVED ITS NEW VETSCAN FLEX4 RAPID TEST FOR VETERINARY USE​.ABAXIS INC - ‍ABAXIS PLANS TO BEGIN SHIPPING FLEX4 RAPID TESTS TO ITS DISTRIBUTOR NETWORK LATER THIS QUARTER​.  Full Article

Abaxis Sees Q3 2018 Revenue $59 Million To $60 Million
Tuesday, 9 Jan 2018 07:00am EST 

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
Tuesday, 24 Oct 2017 04:01pm EDT 

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 reports Q1 earnings per share $0.28
Thursday, 27 Jul 2017 04:01pm EDT 

July 27 (Reuters) - Abaxis Inc :Abaxis reports financial performance for the first quarter of fiscal 2018 and declares quarterly cash dividend.Q1 revenue $58.3 million versus I/B/E/S view $60.5 million.Q1 earnings per share $0.28.Q1 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.  Full Article

Abaxis reports qtrly earnings per share $0.30
Thursday, 26 Jan 2017 04:01pm EST 

Abaxis Inc - : Abaxis reports financial performance for the third quarter of fiscal 2017, declares quarterly cash dividend . Qtrly veterinary market revenues of $43.2 million, up 6% over last year's comparable quarter . Qtrly income from continuing operations before income tax provision of $10.8 million .Qtrly earnings per share $0.30.  Full Article

Abaxis reports sees Q3 revenue $52 million to $53 million
Tuesday, 10 Jan 2017 06:45am EST 

Abaxis Inc : Abaxis reports preliminary financial performance for the third quarter of fiscal 2017 . Sees Q3 revenue $52 million to $53 million . Abaxis Inc - Abaxis expects operating income in third fiscal quarter of $10.0 million to $11.0 million compared to $11.3 million in last year's Q3 . Abaxis Inc - expects gross margin for third fiscal quarter to be between 55pct and 56pct . Abaxis Inc - In Q3, changes in foreign currency exchange rates reduced revenues by approximately $0.7 million .Abaxis Inc - "performance in third fiscal quarter was hindered by a difficult comparison for Abaxis' medical business".  Full Article

Abaxis Q1 earnings per share $0.30
Thursday, 21 Jul 2016 04:01pm EDT 

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

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Zoetis to buy veterinary diagnostics firm Abaxis for $1.9 billion

Top animal health company Zoetis Inc will buy Abaxis Inc for $1.9 billion, looking to capture a bigger slice of the fast-growing market for diagnostics services that cater to household pets and farm animals.