Bio-Techne Fiscal Q1 Adjusted Earnings, Net Sales Rise

MT Newswires Live

2024-10-30

Bio-Techne (TECH) reported fiscal Q1 adjusted earnings Wednesday of $0.42 per diluted share, up from $0.41 a year earlier.

Analysts polled by Capital IQ expected $0.38.

Net sales for the quarter ended Sept. 30 were $289.5 million, up from $276.9 million a year earlier.

Analysts surveyed by Capital IQ expected $280.1 million.

Separately, the company maintained its quarterly dividend at $0.08 per share, payable Nov. 22 to shareholders of record on Nov. 11.

Shares of the company rose 4.6% in recent premarket activity.

Price: 73.99, Change: +3.25, Percent Change: +4.59

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