Bio-Rad: 2Q Earnings Snapshot
HERCULES, Calif. (AP) _ Bio-Rad Laboratories Inc. (BIO) on Tuesday reported second-quarter earnings of $268 million.
On a per-share basis, the Hercules, California-based company said it had net income of $8.87. Earnings, adjusted for one-time gains and costs, came to $1.64 per share.
The maker of instruments used in biomedical research posted revenue of $575.9 million in the period.
Bio-Rad shares have increased 29 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $308.97, a rise of 38 percent in the last 12 months.