Bioanalytical Systems, Inc. Reports Second Quarter Net Income of $0.10 per Share Versus a Loss of $0.25 per Share as Revenue Increased 21% to $8.4 Million

WEST LAFAYETTE, IN--(Marketwire - May 12, 2011) - Bioanalytical Systems, Inc. (NASDAQ: BASI) today reported financial results for the second quarter and first six months of fiscal 2011, highlighted by sharply higher revenue and net income versus the comparable periods of fiscal 2010.