Form 8-K · Current Report · Filed 2024-08-07
Bio-Techne Reports Fourth Quarter and Fiscal Year 2024 Financial Results
Bio-Techne Corporation announced its financial results for the fourth quarter and fiscal year 2024, reporting an earnings miss and a dividend announcement.
- Filer
- Bio-Techne Corporation TECH · NASDAQ
- Filed
- Accession
- 0001558370-24-011193
- CIK
- 0000842023
- Signal
- High impactHealthcare
- Source
- Official filing on sec.gov ↗
Details
For Q4 2024, organic revenue increased by 1%, and GAAP EPS was $0.25, compared to $0.47 in the same quarter last year. For FY 2024, organic revenue increased by 1%, and GAAP EPS was $1.05, compared to $1.76 in the prior year. Additionally, the company announced a cash dividend.
Items reported
Results of Operations and Financial Condition
Other Events
Financial Statements and Exhibits
Market reaction
Close before filing
$78.42
Next session
-6.4%
Since filing
-8.1%
Latest close
$72.09
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from TECH reporting the same item, with the next session's move:
Exhibits (2)
About Bio-Techne Corporation
Bio-Techne Corporation is a leading developer and manufacturer of high-quality biological products and solutions for the research and clinical diagnostic markets. The company specializes in providing an extensive range of biotechnological tools that support the advancement of life sciences. Key offerings include proteins, antibodies, assay kits, and laboratory services critical for scientific research and drug development. Bio-Techne operates across diverse sectors such as biotechnology, pharmaceuticals, academic research, and healthcare, supplying innovative solutions that facilitate groundbreaking research and therapeutic discoveries. Its products are essential in advancing modern biology and medicine, contributing to significant developments in areas like cancer research, immunology, and cell biology. Bio-Techne’s commitment to innovation and quality makes it a pivotal player in the biotechnology industry, elevating scientific discovery and fostering advancements in personalized medicine and diagnostics. With a strong global presence, Bio-Techne continues to impact the global life sciences landscape profoundly, upholding a legacy of excellence and reliability in the biotechnological sector.
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