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Abaxis Reports Record Revenues for the First Quarter of Fiscal 2011

Friday, July 30, 2010 Corporate News J E 4
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Operating Income Per Share

(In thousands, except per share data)

Three Months Ended

June 30,

2010

2009

Shares used in the calculation of operating income per share:

 Weighted average common shares outstanding - basic

22,211

21,965

 Weighted average common shares outstanding - diluted

22,750

22,357

Operating income per share - basic

$     0.27

$     0.26

Operating income per share - diluted

$     0.26

$     0.26

Revenues by Geographic Region

(In thousands)

Three Months Ended

June 30,

2010

2009

North America

$ 27,789

$ 24,111

International

7,164

5,514

Total revenues

$ 34,953

$ 29,625

Revenues by Customer Group

(In thousands)

Three Months Ended

June 30,

2010

2009

Medical Market

$   6,438

$   5,763

Veterinary Market

26,818

21,823

Other

1,697

2,039

Total revenues

$ 34,953

$ 29,625

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