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Financial Report: BASi

Revenues down 23% in the quarter

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By: Tim Wright

Editor-in-Chief, Contract Pharma

BASi

1QRevenues: $5.8 million (-23%)

1Q Earnings: $139,000 (loss of $1.5 million 1Q11)

Comments: Service revenue was $4.7 million in the quarter, down 17%. Product Revenues were down 41% to $1.1 million.

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