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Dec 31, 2019
Mesa Labs Q3 2020 Earnings Report
Reported a decrease in operating and net income due to unusual items, while revenue increased.
Key Takeaways
Mesa Labs reported a 19% increase in third quarter revenues to $31.655 million. However, operating income decreased by 356% to $(3.381) million, and net income decreased by 640% to $(4.630) million, or $(1.06) per diluted share. Excluding unusual items, operating income would have increased 5% to $5.255 million.
Third quarter revenues increased 19% year-over-year.
Operating loss was $(3.381) million, a 356% decrease.
Net loss was $(4.630) million, a 640% decrease, or $(1.06) per diluted share.
Excluding unusual items, operating income would have increased 5%.
Revenue by Segment
Forward Guidance
No specific forward guidance provided in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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