HERCULES, Calif. (AP) — HERCULES, Calif. (AP) — Bio-Rad Laboratories Inc. (BIO.B) on Wednesday reported a third-quarter loss of $341.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Hercules, California-based company said it had a loss of $12.70. Earnings, adjusted for non-recurring costs, came to $2.26 per share.
The maker of instruments used in biomedical research posted revenue of $653 million in the period.
Bio-Rad shares have dropped slightly more than 1% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $321.12, a decline of slightly more than 4% in the last 12 months.
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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
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