Bio-Rad Laboratories Inc Class A
BIO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|sR | LOCK|N<@ | LOCK|#l<^zR |
Bio-Rad Earnings: Revenue Declines Driven by Weak Academic Research Market; Guidance Lowered
Bio-Rad reported a year-on-year decline in revenue of 1.5% at constant currency, primarily due to weak equipment sales in life sciences due to low demand from the academic research market. Management lowered guidance due to tariffs and softness in academia and biotech markets, too.
