Bio-Techne (TECH) Tops Q3 EPS by 7c

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Go back to Bio-Techne (TECH) Tops Q3 EPS by 7c

Bio-Techne Releases Third Quarter Fiscal 2019 Results

April 30, 2019 6:30 AM EDT

MINNEAPOLIS, April 30, 2019 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today reported its financial results for the third quarter ended March 31, 2019.

Third Quarter FY2019 Snapshot

Third quarter organic growth of 14% (13% reported) with revenue of $184.9 million. GAAP EPS was $1.15 vs. $0.52 one year ago. Delivered adjusted earnings per share (EPS) of $1.21, consistent with the prior year despite foreign currency exchange headwinds negatively impacting results by $0.10 or 8% in the third quarter. Excellent commercial execution in all major regions, with North America, Europe, and China all achieving double digit organic... More