Mesa Laboratories Q4 revenue rises on SDC growth

Mesa Laboratories

27/05/2026 13:11

Overview
US life science tools maker's fiscal Q4 revenue rose 2.6% yr/yr
Adjusted operating income excluding unusual items up 49.2% yr/yr, driven by SDC backlog clearance
Company posted net loss for the quarter, citing BPD revenue decline and export delays

Outlook
Mesa expects to provide rest-of-year guidance with H1 results release
Company expects overall revenues to return to positive core organic growth in 1Q27

Result Drivers
SDC BACKLOG CLEARANCE - SDC division revenue growth was driven by reduction of backlog to more normalized levels, improved production, and modest price increases
BPD REVENUE DECLINE - BPD division revenues fell sharply due to commercial execution challenges and shipping delays from export controls
FAVORABLE PRODUCT MIX AND COST ACTIONS - Profitability was supported by favorable product mix and cost realignment actions, offsetting FX and tariff headwinds

Company press release: ID:nGNXS863Q

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
 
-$0.75
 
Q4 Net Income
 
-$4.14 mln
 
Q4 Basic EPS
 
-$0.75
 
Q4 Gross Profit
 
$42.21 mln
 
Q4 Operating Expenses
 
$39.46 mln
 
Q4 Operating Income
 
$2.75 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"
Wall Street's median 12-month price target for Mesa Laboratories Inc is $104.50, about 1.6% below its May 26 closing price of $106.17
The stock recently traded at 75 times the next 12-month earnings vs. a P/E of 48 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)