Meridian Bioscience (VIVO) Reports Q4 EPS of $0.19, Offers FY21 Guidance

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Meridian Bioscience Reports Strong Fourth Quarter and Record Full-Year Fiscal 2020 Operating Results and Provides Fiscal 2021 Guidance

November 13, 2020 7:30 AM EST

CINCINNATI, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Meridian Bioscience, Inc. (NASDAQ: VIVO) today announced financial results for the fourth quarter and fiscal year ended September 30, 2020.

Fourth Quarter 2020 Highlights (Comparison to Fourth Quarter Fiscal 2019):

Consolidated Net Revenue of $64.2 million, up 26% year-over-yearLife Science segment delivers revenue of $34.4 million, up 97% year-over-yearDiagnostics segment revenues decreased 11% year-over-year to $29.8 million, a stronger than expected rebound from Q3 FY20, up 38% quarter-over-quarterLaunched various SARS-CoV-2 antibody pairs, designed for highly sensitive rapid antigen tests (for saliva and... More