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Mesa Laboratories Announces Restructuring and Cost-Savings Plan

The plan is expected to reduce annualized costs by approximately $9.3 million and reinvest approximately $4.3 million in profitable growth.

MLAB

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12:07:54 PM UTC
SquawkNews
Mesa Laboratories announced a restructuring and savings plan to cut annualized costs by ~$9.3M and reinvest ~$4.3M, for a net ~$5.0M reduction. About 40 positions (~6%) will be eliminated, mainly in Clinical Genomics.Material DetailsContext by AI AnalystThis is a mid-course correction prioritizing…