Bio-Techne Q2 Results Miss Estimates; Declares Dividend

RTTNews | 574 gün önce
Bio-Techne Q2 Results Miss Estimates; Declares Dividend

(RTTNews) - Life sciences company Bio-Techne Corp. (TECH) reported Thursday that second-quarter net earnings attributable to the company almost halved to $27.47 million or $0.17 per share from $50.01 million or $0.31 per share in the prior-year quarter.

Excluding items, adjusted earnings were $0.40 per share, compared to $0.47 per share in the year-ago quarter.

Net sales for the quarter edged up to $272.60 million from last year's $271.58 million. Organic revenue decreased 2 percent.

On average, 12 analysts polled by Thomson Reuters expected the company to report earnings of $0.41 per share on revenues of $277.53 million for the quarter. Analysts' estimates typically exclude special items.

Separately, Bio-Techne 's Board of Directors decided to pay a dividend of $0.08 per share for the quarter ended December 31, 2023, payable on February 26, 2024, to all common shareholders of record on February 12, 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Etiketler: TECH
read more
Bio-Techne To Acquire Namocell For Undisclosed Terms

Bio-Techne To Acquire Namocell For Undisclosed Terms

Life sciences company Bio-Techne Corp. (TECH) announced Wednesday it has reached an agreement to acquire Namocell, Inc., a provider of fast and easy to use single cell sorting and dispensing platforms that are gentle to cells, and preserve cell viability and integrity.
RTTNews | 1163 gün önce
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
RTTNews | 7 dakika önce
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.
RTTNews | 37 dakika önce
Japan Retail Sales Add 0.3% In July

Japan Retail Sales Add 0.3% In July

The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.
RTTNews | 1s 4 dakika önce
Singapore Stock Market May Add To Its Winnings On Friday

Singapore Stock Market May Add To Its Winnings On Friday

The Singapore stock market has finished higher in consecutive trading days, gathering more than 10 points or 0.25 percent in that span. The Straits Times Index now sits just above the 4,250-point plateau see additional support on Friday.
RTTNews | 1s 7 dakika önce