Meridian Bioscience (VIVO) Declares $0.125 Quarterly Dividend; 3.5% Yield
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Meridian Bioscience (VIVO) Reports In-Line Q2 EPS, Beats on Revenues; Boosts FY18 EPS Outlook
April 26, 2018 7:35 AM EDTMeridian Bioscience (NASDAQ: VIVO) reported Q2 EPS of $0.21, in-line with the analyst estimate of $0.21. Revenue for the quarter came in at $56.5 million versus the consensus estimate of $55.04 million.
GENERAL HIGHLIGHTS
Reported record fiscal 2018 second quarter and first six months net revenues of $56.5 million and $108.7 million, respectively, increases of 4% and 8%, respectively, from the same periods of the prior fiscal year; reported second quarter operating income of $7.7 million (including $4.9 million of costs associated with executive transition and realignment, and litigation costs), a decrease of 46% from the same period of the prior fiscal year;... More