Bio-Rad Labs (BIO) Tops Q2 EPS by 37c

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Go back to Bio-Rad Labs (BIO) Tops Q2 EPS by 37c

Bio-Rad Reports Second-Quarter 2018 Financial Results

August 7, 2018 4:49 PM EDT

HERCULES, 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 second quarter ended June 30, 2018.

Second-quarter 2018 net sales were $575.9 million, an increase of 14.1 percent compared to $504.7 million reported for the second quarter of 2017. On a currency-neutral basis, quarterly sales increased 11.0 percent compared to the same period in 2017, reflecting broad growth across the business. Second-quarter gross margin was 52.4 percent compared to 54.2 percent during the second quarter in 2017. The decline in gross margin versus the same period last year is the... More