earnings
confidence high
sentiment negative
materiality 0.60
Bio-Techne Q2 organic revenue down 2% to $272.6M; GAAP EPS $0.17 vs $0.31 YoY; declares $0.08 dividend
BIO-TECHNE Corp
2024-Q2 EPS reported
$0.49
revenue$549,533,000
- Q2 organic revenue declined 2% to $272.6M; reported revenue flat vs prior year.
- GAAP EPS $0.17 vs $0.31 YoY; adjusted EPS $0.40 vs $0.47.
- Cash flow from operations $142.5M, up 18% YoY.
- Board declared $0.08 per share quarterly dividend, payable Feb 26, 2024.
- Dr. Matthew F. McManus appointed President of Diagnostics and Genomics segment.