Bio-Rad Labs (BIO) Tops Q3 EPS by 11c
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Bio-Rad Reports Third-Quarter Currency-Neutral Revenue Growth of 9.1 Percent
November 1, 2016 4:15 PM EDTHERCULES, CA -- (Marketwired) -- 11/01/16 -- Bio-Rad Laboratories, Inc. (NYSE: BIO) and (NYSE: BIO.B), a global provider of life science research and clinical diagnostic products, announced financial results today for the third quarter ended September 30, 2016.
Third-quarter reported revenues were $508.7 million, an increase of 8.3 percent compared to $470.0 million reported for the third quarter of 2015. On a currency-neutral basis, quarterly revenues increased 9.1 percent compared to the same period last year. Third-quarter gross margin was 54.9 percent compared to 56.1 percent during the same quarter in 2015. The year-over-year decrease... More
