Bio-Rad Labs (BIO) Misses Q2 EPS by 39c

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Bio-Rad Reports Second-Quarter 2017 Financial Results

August 3, 2017 4:42 PM EDT

HERCULES, CA -- (Marketwired) -- 08/03/17 -- 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 second quarter ended June 30, 2017.

Second-quarter 2017 net sales were $504.7 million, a decrease of 2.3 percent compared to $516.8 million reported for the second quarter of 2016. On a currency-neutral basis, quarterly net sales decreased 1.6 percent compared to the same period last year. The sales decline in the second quarter of 2017 was largely due to a slowdown in... More