Categories Earnings, Health Care
Earnings Summary: Bio-Techne Corp (TECH) reports higher Q4 profit, revenue
Biotechnology company Bio-Techne Corporation (NASDAQ: TECH) on Tuesday announced financial results for the fourth quarter of 2023, reporting an increase in profit.
- Fourth-quarter revenue increased by 5% to $301.3 million; organic sales grew by 5%
- Earnings per share, on a reported basis, was $0.47 in the June quarter, vs. $0.38 in the year-ago period
- Adjusted earnings increased to $0.55 per share in Q4 from $0.51 per share a year earlier
- Q4 operating income increased 17% YoY to $94.5 million from $80.6 million in the fourth quarter of fiscal 2022
- Operating margin was 31.4%, on a reported basis, compared to 28.0% a year earlier
Most Popular
Trxade Health Inc. (NASDAQ: MEDS) Q1 2024 Research Summary
Trxade Health, Inc. (NASDAQ: MEDS) is a drug procurement and delivery platform that digitalizes the retail pharmacy experience. The company has a growing network of suppliers and partnerships with independent
Earnings Preview: Walmart (WMT) expected to report sales and profit gains in Q1
Over the years, Walmart Inc. (NYSE: WMT) has constantly diversified while maintaining its dominance in the retail world. The company is preparing to report financial results for the first three
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings