Bio-Rad Labs (BIO) Tops Q1 EPS by 55c

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Bio-Rad Reports First Quarter 2019 Financial Results

May 8, 2019 4:15 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 first quarter ended March 31, 2019.

First-quarter 2019 net sales were $554.0 million, an increase of 0.4 percent compared to $551.5 million reported for the first quarter of 2018. On a currency-neutral basis, quarterly sales increased 4.0 percent compared to the same period in 2018. First-quarter gross margin was 56.3 percent compared to 54.8 percent during the first quarter in 2018.

Life Science segment net sales for the first quarter were $215.7 million, an increase of 9.1 percent compared to the same... More