Bio-Techne announced its second quarter fiscal year 2026 results, with revenue remaining flat at $295.9 million compared to the prior year. The company saw an increase in GAAP EPS to $0.24 and adjusted EPS to $0.46, driven by productivity initiatives and strong commercial execution in the China/APAC region.
Second quarter revenue was $295.9 million, showing flat reported and organic growth year-over-year.
GAAP earnings per share increased to $0.24, up from $0.22 in the prior year, while adjusted EPS rose to $0.46 from $0.42.
Adjusted operating margin improved by 100 basis points to 31.1% due to ongoing productivity and cost containment initiatives.
The China/APAC region experienced growth for the third consecutive quarter, attributed to strong commercial execution and improving end-markets.
The company anticipates continued execution in a stabilizing operating environment, with ongoing growth in large pharma and Asia, and continued stabilization among U.S. academic customers.
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