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.
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