MLAB - Mesa Laboratories: Divisional Growth Valuations Supportive Of Hold
Summary
- In Q3, Mesa Laboratories reported mixed results throughout the P&L with soft bottom-line fundamentals.
- FCF growth still lumpy with contraction in divisional growth.
- Valuations unsupportive for re-rating to the upside.
- Reiterate hold.
For further details see:
Mesa Laboratories: Divisional Growth, Valuations Supportive Of Hold