Bio-Rad: Q2 Earnings Snapshot
HERCULES, Calif. (AP) _ Bio-Rad Laboratories Inc. (BIO) on Thursday reported a second-quarter loss of $927.2 million, after reporting a profit in the same period a year earlier.
The Hercules, California-based company said it had a loss of $31.12 per share. Earnings, adjusted for non-recurring costs, were $3.38 per share.
The maker of instruments used in biomedical research posted revenue of $691.1 million in the period.
Bio-Rad shares have dropped 26% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $559.86, a decline of 21% in the last 12 months.