Bio-Rad Laboratories Inc Class A
BIO: XNYS (USA)
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Bio-Rad Earnings: Weakness and Uncertainty in End Markets, Full-Year Guidance Lowered
Bio-Rad reported a year-on-year revenue decline of 4.2% at constant currency, and the non-GAAP operating profit margin fell 420 basis points to 6.6%. Given difficult end markets, management lowered the midpoints of its guidance ranges and widened them to capture the elevated uncertainty.
