earnings
confidence high
sentiment neutral
materiality 0.60
Bio-Techne Q2 FY2023: organic revenue up 4% to $271.6M; GAAP EPS $0.31 vs $0.49 YoY
BIO-TECHNE Corp
2023-Q2 EPS reported
$0.86
revenue$541,236,000
- Organic revenue grew 4% to $271.6M; reported revenue up 1%.
- GAAP EPS $0.31, down from $0.49; adjusted EPS $0.47, flat YoY (FX headwind $0.02).
- ExoDx Prostate test revenue more than doubled YoY; fourth consecutive record quarter.
- Board declared $0.08/share quarterly dividend, payable Feb 27 to holders of record Feb 13.
- Record GMP protein sales and launch of RNAscope Plus and MauriceFlex instrument.