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February 10, 2012
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| 07:42 EDT |  | BASI |
| theflyonthewall.com: | Bioanalytical Systems sees higher revenue in current quarter | | "Revenue in the first quarter was below our expectations, primarily because of the delay of a large toxicology contract during the period...We do not expect any further increases in our cost structure in coming quarters and are exploring ways to reduce operating costs in the future. We believe that the investments we already have made in our laboratory capabilities and capacity, corporate infrastructure, and marketing program will support higher revenue beginning in the current quarter," said President and CEO Tony Chilton. :theflyonthewall.com |
| | 07:40 EDT | | BASI |
| theflyonthewall.com: | Bioanalytical Systems reports Q1 EPS (21c) vs. 6c a year ago | | Reports Q1 revenue $7.52M vs. $8.1M a year ago. Q1 cash flow from operations was $590K, compared to $737K for the first fiscal quarter of 2011. :theflyonthewall.com |
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