Bio-Techne (TECH) Tops Q2 EPS by 9c
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BIO-TECHNE RELEASES SECOND QUARTER FISCAL 2022 RESULTS
February 1, 2022 6:30 AM ESTMINNEAPOLIS, Feb. 1, 2022 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today reported its financial results for the second quarter ended December 31, 2021.
Second Quarter FY2022 Snapshot
Second quarter organic revenue increased by 17% (20% reported) to $269.3 million and 19% (23% reported) in the first half of fiscal 2022 to $527.0 million. Sustained operational excellence in Protein Sciences which achieved 19% organic growth (19% reported) in the second fiscal quarter, including a 27% increase in ProteinSimple branded analytical solutions and over 180% growth in GMP Proteins. Adjusted operating income increased 18% (22% reported) when compared to the prior year to $102.8... More