HERCULES, Calif. (AP) — HERCULES, Calif. (AP) — Bio-Rad Laboratories Inc. (BIO.B) on Thursday reported fourth-quarter net income of $720 million, after reporting a loss in the same period a year earlier.
The Hercules, California-based company said it had profit of $26.65 per share. Earnings, adjusted for non-recurring gains, were $2.51 per share.
The maker of instruments used in biomedical research posted revenue of $693.2 million in the period.
For the year, the company reported net income of $759.9 million, or $27.85 per share, swinging to a profit in the period. Revenue was reported as $2.58 billion.
Bio-Rad shares have dropped 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $295.05, a drop of 14% 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.B at https://www.zacks.com/ap/BIO.B
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
