HERCULES, Calif. (AP) — HERCULES, Calif. (AP) — Bio-Rad Laboratories Inc. (BIO) on Wednesday reported third-quarter profit of $653.2 million.
On a per-share basis, the Hercules, California-based company said it had net income of $23.34. Earnings, adjusted for non-recurring gains, came to $2.01 per share.
The maker of instruments used in biomedical research posted revenue of $649.7 million in the period.
Bio-Rad shares have risen slightly more than 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $330.58, a rise of 23% in the last 12 months.
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