Bio-Rad Laboratories Inc Class A
BIO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !F? | LOCK|RN | LOCK|$@#bGN |
Bio-Rad Earnings: Modest Sequential Improvement, but Full-Year Guidance Ranges Remain Wide
Bio-Rad reported a second-quarter revenue decline of 1.9% year on year at constant currency, and non-GAAP operating margin fell 1.1 points to 12.5%. Management reiterated full-year guidance ranges for currency-neutral revenue change of negative 3.0% to 0.5% and non-GAAP operating margin of 10%-12%.
