Bio-Rad Labs (BIO) Tops Q1 EPS by 30c

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Go back to Bio-Rad Labs (BIO) Tops Q1 EPS by 30c

Bio-Rad Reports First-Quarter 2020 Financial Results

May 6, 2020 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, 2020.

First-quarter 2020 net sales were $571.6 million, an increase of 3.2 percent compared to $554.0 million reported for the first quarter of 2019. On a currency-neutral basis, quarterly sales increased 4.3 percent compared to the same period in 2019. First-quarter gross margin was 55.5 percent compared to 56.3 percent during the first quarter in 2019.

Life Science segment net sales for the first quarter were $227.2 million, an increase of 5.3 percent compared to the... More