Meridian Bioscience (VIVO) Announces Preliminary Revenue Results for Q3

Go back to Meridian Bioscience (VIVO) Announces Preliminary Revenue Results for Q3

Meridian Bioscience Announces Preliminary Revenue Results for Fiscal 2021 Third Quarter

July 13, 2021 9:00 AM EDT

CINCINNATI, July 13, 2021 (GLOBE NEWSWIRE) -- Meridian Bioscience, Inc. (NASDAQ: VIVO), a provider of diagnostic testing solutions and life science raw materials, today provided preliminary revenue results for its third quarter of fiscal 2021.

Preliminary unaudited revenue for the third quarter of fiscal 2021 is expected to be approximately $63.5 million, below expectations. The Diagnostics segment performance was impacted negatively by recent supply chain issues with our LeadCare reagents that resulted in backorders towards the end of the quarter. The Life Science segment performance was impacted negatively by the continued reduction in... More