Bio-Rad Labs (BIO) Tops Q1 EPS by $2.21

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Go back to Bio-Rad Labs (BIO) Tops Q1 EPS by $2.21

Bio-Rad Reports First-Quarter 2021 Financial Results

April 29, 2021 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, 2021.

First-quarter 2021 net sales were $726.8 million, an increase of 27.1 percent compared to $571.6 million reported for the first quarter of 2020. On a currency-neutral basis, quarterly sales increased 23.4 percent compared to the same period in 2020. First-quarter gross margin was 55.1 percent compared to 55.5 percent during the first quarter in 2020.

Life Science segment net sales for the first quarter were $366.5 million, an increase of 61.3 percent compared to the... More