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Advaxis FQ2 top line up 5% but short of consensus; net income up 46%

Oct. 25, 2016 5:24 PM ETABAXIS, Inc. (ABAX) StockBy: Douglas W. House, SA News Editor
  • Abaxis (NASDAQ:ABAX) fiscal Q2 results ($M): Revenues: 58.6 (+4.6%); Medical: 9.4 (+8.7%); Veterinary: 48.3 (+3.6%).
  • Net Income: 11.4 (+46.2%); Non-GAAP Net Income: 7.7; EPS: 0.50 (+47.1%); Non-GAAP EPS: 0.34.
  • No guidance given.
  • Consensus was non-GAAP EPS of $0.35 on revenues of $60.7M.

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