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Stock impact report

Bio-Rad Laboratories Inc (BIO) Faces Headwinds in Q4, Yet Shows Resilience in Diagnostics Segment [Yahoo! Finance]

Bio-Rad Laboratories, Inc. Class B (BIO.B) 
Company Research Source: Yahoo! Finance
Net Income : Q4 net income dropped to $349.7 million from $827.7 million in the prior year; full-year net loss reported at $637.3 million. Earnings Per Share : Q4 diluted EPS at $12.14, down from $27.78; full-year loss per share at $21.82. Gross Margin : Q4 gross margin slightly decreased to 53.8%; full-year gross margin at 53.4%. Operational Highlights : Clinical Diagnostics segment grew, while Life Science faced declines; non-GAAP measures provided. 2024 Outlook : Non-GAAP, currency-neutral revenue growth expected between 1.0 to 2.5% with an operating margin of approximately 13.5 to 14.0%. Warning! GuruFocus has detected 3 Warning Sign with BIO. Bio-Rad Laboratories Inc ( NYSE:BIO ) released its 8-K filing on February 15, 2024, disclosing its financial results for the fourth quarter and full year ended December 31, 2023. The company, a global provider of life science research and clinical diagnostics products, faced a challenging year with a notable decrease in net sale Show less Read more
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