Bio-Rad Labs (BIO) Q4 Revs Beat Views
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Bio-Rad Reports Fourth-Quarter and Full-Year 2017 Financial Results
February 27, 2018 4:23 PM ESTHERCULES, Calif.--(BUSINESS WIRE)-- Bio-Rad Laboratories, Inc. (NYSE: BIO and BIOb), a global leader of life science research and clinical diagnostic products, today announced financial results for the fourth quarter and fiscal year ended December 31, 2017.
Fourth-quarter 2017 net sales were $620.4 million, an increase of 8.6 percent compared to $571.5 million reported for the fourth quarter of 2016. On a currency-neutral basis, quarterly sales increased 5.4 percent compared to the same period in 2016. Fourth-quarter gross margin was 54.7 percent compared to 55.0 percent during the fourth quarter in 2016.
Life Science segment net sales for the fourth quarter were $237.9 million, an increase of 15.0... More
