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
NKE Q2 Earnings Preview: Can Nike maintain the recovery momentum?
Sneaker giant NIKE, Inc. (NYSE: NKE) entered the fiscal year facing heightened competition and shifting consumer preferences. Its upcoming second-quarter results are expected to reflect these evolving industry dynamics and
Earnings Preview: Conagra Brands’ (CAG) sales and earnings projected to decline in Q2 2026
Shares of Conagra Brands, Inc. (NYSE: CAG) rose 1% on Friday. The stock has dropped 7% in the past three months. The branded food company is slated to report its
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
