Published on 18 Apr 2024 on Simply Wall St. via Yahoo Finance
The past three years for Mesa Laboratories (NASDAQ:MLAB) investors has not been profitable
Mesa Laboratories, Inc. (NASDAQ:MLAB) shareholders should be happy to see the share price up 12% in the last quarter. But over the last three years we've seen a quite serious decline. In that time, the share price dropped 61%. So the improvement may be a real relief to some. After all, could be that the fall was overdone.
Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.