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Sep 30, 2024

Bio-Techne Q1 2025 Earnings Report

Bio-Techne's first quarter of fiscal year 2025 was marked by revenue growth and adjusted EPS increase.

Key Takeaways

Bio-Techne reported a 5% increase in revenue to $289.5 million, with organic revenue growth of 4%. GAAP EPS was $0.21, while adjusted EPS increased to $0.42. The Diagnostics & Spatial Biology segment drove growth with a 14% organic increase.

First quarter organic revenue increased by 4% (5% reported) to $289.5 million.

GAAP earnings per share (EPS) was $0.21 versus $0.31 one year ago. Adjusted EPS was $0.42 compared to $0.41 one year ago.

The Diagnostics & Spatial Biology segment saw 14% organic growth.

There was continued uptake of cell and gene therapy workflow solutions, including growth in GMP reagent offerings.

Total Revenue
$289M
Previous year: $277M
+4.5%
EPS
$0.42
Previous year: $0.41
+2.4%
Organic Sales Growth
4%
Previous year: 2%
+100.0%
Gross Profit
$183M
Previous year: $185M
-1.2%
Cash and Equivalents
$188M
Previous year: $149M
+26.2%
Free Cash Flow
$54.7M
Previous year: $45.8M
+19.5%
Total Assets
$2.74B
Previous year: $2.76B
-0.7%

Bio-Techne

Bio-Techne

Bio-Techne Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income