Mesa Labs reports Q1 EPS 85c vs 62c last year

Reports Q1 revenue $59.543M, consensus $60.57M. “Against a highly volatile macroeconomic environment, the team’s leverage of the Mesa Way operating model delivered quarterly revenues of $59,543 or 2.4% organic (0.4% core organic) revenues growth. Negotiating final tariff surcharges in BPD resulted in approximately $1.5M of expected 1Q26 revenues shifting into 2Q26. Strong growth in SDC and CG growth of 7.9% excluding China overcame a continued contraction of CG China revenues of approximately $1.8M or 69% as compared to the same quarter in the prior year. In consideration of BPD timing delays and overall bookings strength, we expect to meet our revenue goals for the first half of the fiscal year” said Gary Owens, Chief Executive Officer of Mesa.