Company climbs up four positions from last year’s annual index of best small public companies in America
Lakewood, Colorado – October 10, 2013 – Colorado-based Mesa Laboratories, Inc. (Nasdaq: MLAB) was ranked #45 on Forbes magazine’s annual list of 100 best small companies in America. The company, which manufactures a range of quality control instruments for healthcare and industry, moved up from #49 in last years rating.
Mesa Labs topped the three Colorado companies that made the list, followed by Air Methods Corp., and Innospec, Inc.
“It is great to be recognized by Forbes again this year as one of the Country’s top performing small public companies. This recognition is a testament to the hard work and dedication put forward by every employee here at Mesa”, said Mesa Labs CEO John Sullivan.
“We moved up from number 49 of the top 100 last year, to number 45 this year, largely due to the addition of the revenue and profitability from our 2012 acquisition of the Bios flow calibrator product line. We look forward to another good year at Mesa and the opportunity to be recognized again by Forbes”, he added.
The Forbes list ranks companies with sales under $1 billion by overall growth and return on equity. Over the last two years, Mesa Labs’ stock has seen steady growth and they have completed two successful acquisitions which likely contributed to their improved ranking