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
Infographic: Amazon (AMZN) Q4 2024 earnings beat estimates; sales rise 10%
E-commerce giant Amazon.com Inc. (NASDAQ: AMZN) on Thursday reported higher sales and profit for the fourth quarter of 2024. Earnings also beat analysts' estimates. Net sales increased to $187.8 billion
Philip Morris (PM) delivers strong performance in 4Q24 helped by smoke-free strength
Shares of Philip Morris International Inc. (NYSE: PM) jumped 10% on Thursday after the company delivered better-than-expected earnings results for the fourth quarter of 2024 and provided an encouraging outlook
Highlights of Bristol-Myers Squibb’s Q4 2024 earnings report
Biotechnology company Bristol Myers Squibb (NYSE: BMY) reported lower profit for the fourth quarter of 2024, despite an increase in revenue. Net income attributable to shareholders was $72 million or