Bio-Techne (TECH) Tops Q4 EPS by 25c

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Bio-Techne Releases Fourth Quarter Fiscal 2020 Results

August 4, 2020 6:30 AM EDT

MINNEAPOLIS, Aug. 4, 2020 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today reported its financial results for the fourth quarter ended June 30, 2020.

Fourth Quarter FY2020 Snapshot

Fourth quarter organic revenue decreased 8% (-8% reported) to $175.8 million. Full year organic growth of 4% (4% reported) to $738.7 million. GAAP EPS was $1.48 vs. $0.42 one year ago. Delivered adjusted earnings per share (EPS) of $1.00 vs. $1.25 one year ago. Full year GAAP EPS was $5.82 vs $2.47 one year ago. Full year adjusted EPS was $4.55 vs $4.51 in the prior year. Maintained strong operating... More