• Medical - Devices
  • Healthcare
Bio-Rad Laboratories, Inc. logo
Bio-Rad Laboratories, Inc.
BIO · US · NYSE
325.29
USD
-3.07
(0.94%)
Company Overview

1000 ALFRED NOBEL DRIVE,HERCULES CA 94547,5107247000

CEO

Mr. Norman D. Schwartz

Employess

8000

Sector

Healthcare

Industry

Medical - Devices

Website

https://www.bio-rad.com

Bio-Rad Laboratories, Inc. manufactures, and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, and Latin America. The company operates through Life Science and Clinical Diagnostics segments. The Life Science segment develops, manufactures, and markets a range of reagents, apparatus, and laboratory instruments that are used in research techniques, biopharmaceutical production processes, and food testing regimes. It focuses on selected segments of the life sciences market in proteomics, genomics, biopharmaceutical production, cellular biology, and food safety. This segment serves universities and medical schools, industrial research organizations, government agencies, pharmaceutical manufacturers, biotechnology researchers, food producers, and food testing laboratories. The Clinical Diagnostics segment designs, manufactures, sells, and supports test systems, informatics systems, test kits, and specialized quality controls for clinical laboratories in the diagnostics market. This segment offers reagents, instruments, and software, which address specific niches within the in vitro diagnostics test market. It sells its products to reference laboratories, hospital laboratories, state newborn screening facilities, physicians' office laboratories, and transfusion laboratories. In addition, the company offers products and systems to separate complex chemical and biological materials, as well as to identify, analyze, and purify components. The company offers its products through its direct sales force, as well as through distributors, agents, brokers, and resellers. Bio-Rad Laboratories, Inc. was founded in 1952 and is headquartered in Hercules, California.

Next Earnings Date

Oct. 24, 2024

Ex Dividends date

--

Dividend Date

--

YTD Performance

-0.82%

Fiscal Year End

12-31

IPO Date

1980-02-27

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 2.28% 3.13% 1.62% -4.67%
EPS -24.60% -22.89% -5.39% 82.08%
Equity 14.86% 16.83% -4.00% -9.09%
Cash 2.00% -1.31% -15.19% -6.97%
Return On Capital (ROIC) 2.70% 3.05% 3.04% 2.89%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 41.4 0.465 0.489 1.8 426
Long Term Debt 1,190 1,200 10.5 12.3 13.6
LT Finance Leases 175 190 223 223 223
Shares Outstanding 29.2 29.8 29.8 29.8 29.8
Market Cap 9,430 12,500 22,500 17,400 11,000
Price
Business Segments (Beta)
Geographical Segments (Beta)
News
BIO-TECHNE RELEASES FOURTH QUARTER FISCAL 2024 RESULTS
1 month

MINNEAPOLIS , Aug. 7, 2024 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today reported its financial results for the fourth quarter ending June 30, 2024. Fourth Quarter FY2024 Highlights Fourth quarter organic revenue increased by 1% (2% reported) to $306.1 million.

prnewswire.com
BIO-TECHNE DECLARES DIVIDEND
1 month

MINNEAPOLIS , Aug. 7, 2024 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) announced that its Board of Directors has decided to pay a dividend of $0.08 per share for the quarter ended June 30, 2024. The quarterly dividend will be payable August 30, 2024, to all common shareholders of record on August 19, 2024.

prnewswire.com
Bio-Rad (BIO) Q2 Earnings Surpass Estimates, Guidance Lowered
2 months

Bio-Rad (BIO) witnesses growth in the second quarter across the Clinical Diagnostics segment, primarily driven by an increased demand for quality control and blood typing products.

zacks.com
Bio-Rad Laboratories, Inc. (BIO) Q2 2024 Earnings Call Transcript
2 months

Bio-Rad Laboratories, Inc. (NYSE:BIO ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Edward Chung - Vice President of Investor Relations Norman Schwartz - Chairman of the Board, President and CEO Andy Last - Executive Vice President and Chief Operating Officer Roop Lakkaraju - Executive Vice President and CFO Conference Call Participants Patrick Donnelly - Citi Daniel Leonard - UBS Tycho Peterson - Jefferies Jack Meehan - Nephron Research Operator Good day, everyone, and welcome to today's Bio-Rad Second Quarter 2024 Earnings Results Conference Call and Webcast. At this time, all participants are in a listen-only mode.

seekingalpha.com
Bio-Rad Laboratories (BIO) Surpasses Q2 Earnings Estimates
2 months

Bio-Rad Laboratories (BIO) came out with quarterly earnings of $3.11 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $3 per share a year ago.

zacks.com
Bio-Rad Labs cuts annual revenue forecast on weak demand for diagnostics products
2 months

Bio-Rad Laboratories cut its annual revenue growth forecast on Thursday, dragged down by weak demand for clinical diagnostics products from biotech clients.

reuters.com
Bio-Rad Reports Second-Quarter 2024 Financial Results
2 months

HERCULES, Calif.--(BUSINESS WIRE)--Bio-Rad Laboratories, Inc. (NYSE: BIO and BIO.B), a global leader in life science research and clinical diagnostics products, today announced financial results for the second quarter ended June 30, 2024. Second-quarter 2024 total net sales were $638.5 million, a decrease of 6.3 percent compared to $681.1 million reported for the second quarter of 2023. On a currency-neutral basis, quarterly sales decreased 5.4 percent compared to the same period in 2023. Life.

businesswire.com
What's in Store for These 4 MedTech Stocks in Q2 Earnings?
2 months

Here is a sneak peek into how four MedTech companies, LH, BIO, TFX and BRKR, are expected to fare in their second-quarter results, slated to be released tomorrow.

zacks.com
BIO-TECHNE ANNOUNCES NEXT-GENERATION HIGH THROUGHPUT SIMPLE WESTERN SYSTEM
2 months

MINNEAPOLIS , July 31, 2024 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) is pleased to announce the launch of the Leo™ System. This next-generation Simple Western™ instrument offers higher throughput, flexibility, and efficiency over the current Jess™ and Abby™ Simple Western Systems.

prnewswire.com
All You Need to Know About Bio-Rad (BIO) Rating Upgrade to Buy
2 months

Bio-Rad (BIO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

zacks.com
BIO-TECHNE ANNOUNCES STRATEGIC INVESTMENT IN SPEAR BIO
2 months

MINNEAPOLIS , July 29, 2024 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced its participation in Spear Bio's $45 million Series A funding round. Spear Bio will use the proceeds from this funding round to further accelerate product development and scale its in-house manufacturing capacity.

prnewswire.com
Bio-Rad to Report Second Quarter Financial Results on Thursday, August 1, 2024
2 months

HERCULES, Calif.--(BUSINESS WIRE)--Bio-Rad Laboratories, Inc. (NYSE: BIO and BIO.B), a global leader in life science research and clinical diagnostics products, will report its financial results for the second quarter of 2024 on Thursday, August 1, 2024, following the close of the market. Management will discuss these results in a conference call scheduled for 2 PM Pacific Time (5 PM Eastern Time) that day. To participate, dial 800-343-4849 within the U.S. or 203-518-9856 outside the U.S., acce.

businesswire.com