HERCULES, Calif. (AP) — HERCULES, Calif. (AP) — Bio-Rad Laboratories Inc. (BIO) on Thursday reported a loss of $1.16 billion in its second quarter.
The Hercules, California-based company said it had a loss of $39.59 per share. Earnings, adjusted for non-recurring costs, came to $3 per share.
The maker of instruments used in biomedical research posted revenue of $681.1 million in the period.
Bio-Rad shares have decreased slightly more than 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $401.80, a decrease of 27% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIO at https://www.zacks.com/ap/BIO
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
