HERCULES, Calif. (AP) — HERCULES, Calif. (AP) — Bio-Rad Laboratories Inc. (BIO.B) on Thursday reported a fourth-quarter loss of $715.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Hercules, California-based company said it had a loss of $25.57. Earnings, adjusted for one-time gains and costs, came to $2.90 per share.
The maker of instruments used in biomedical research posted revenue of $667.5 million in the period.
Bio-Rad shares have fallen 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $312.05, a decrease of 5% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIO.B at https://www.zacks.com/ap/BIO.B
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