WEST LAFAYETTE, IN--(Marketwire - February 11, 2008) - Bioanalytical Systems, Inc. (NASDAQ: BASI) today reported financial results for its first quarter of fiscal 2008, ended December 31, 2007. Revenue increased over 5% to $11.5 million compared to $10.9 million for the quarter ended December 31, 2006. The net loss for the first quarter of fiscal 2008 was $16,000, or $0.00 per share, compared to net income of $556,000, or $0.11 per basic and diluted share for the first quarter of fiscal 2007.
