Bio-Techne: Q3 Earnings Insights

Bio-Techne TECH reported its Q3 earnings results on Wednesday, May 3, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Bio-Techne reported in-line EPS of $0.53 versus an estimate of $0.53.

Revenue was up $3.77 million from the same period last year.

Last quarter the company missed on EPS by $0.15 which was followed by a 2.09% drop in the share price the next day.

Here's a look at Bio-Techne's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.62	0.46	0.52	0.50
EPS Actual	0.47	0.45	0.51	0.54
Revenue Estimate	288.79M	282.62M	287.12M	279.92M
Revenue Actual	271.58M	269.65M	288.23M	290.38M

To track all earnings releases for Bio-Techne visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.