Loading...
Bio-Techne saw 4% reported revenue growth in Q4, led by strength in Protein Sciences. However, the quarter resulted in a GAAP net loss due to an $83M impairment related to Exosome Diagnostics. Adjusted EPS rose to $0.53.
Revenue grew 4% to $317M, with 3% organic growth.
GAAP EPS declined to $(0.11) due to impairment costs.
Adjusted EPS increased to $0.53 from $0.49 last year.
Protein Sciences segment led with 6% growth and 43.6% margin.
Bio-Techne did not issue specific numerical guidance for future quarters but emphasized strategic divestiture and focus on core growth areas amid market uncertainty.
Visualization of income flow from segment revenue to net income