HERCULES, Calif. (AP) — HERCULES, Calif. (AP) — Bio-Rad Laboratories Inc. (BIO) on Tuesday reported first-quarter earnings of $383.9 million.
The Hercules, California-based company said it had net income of $13.45 per share. Earnings, adjusted for non-recurring gains, came to $2.29 per share.
The maker of instruments used in biomedical research posted revenue of $610.8 million in the period.
Bio-Rad shares have dropped 13% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $279.91, a decrease of 26% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIO at https://www.zacks.com/ap/BIO
For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.
, source Associated Press News