Bio-Techne (TECH) Misses Q4 EPS by 3c

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BIO-TECHNE RELEASES FOURTH QUARTER FISCAL 2022 RESULTS

August 4, 2022 6:30 AM UTC

MINNEAPOLIS, Aug. 4, 2022 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today reported its financial results for the fourth quarter ended June 30, 2022.

Fourth Quarter FY2022 Highlights

Fourth quarter organic revenue increased by 14% (11% reported) to $288.2 million. Full year organic growth of 17% (19% reported) to $1.1 billion.GAAP EPS was $1.51 versus $0.37 one year ago. Delivered adjusted earnings per share (EPS) of $2.05, an increase of 9% from the prior year. Full year GAAP EPS was $6.63 vs $3.47 a year ago. Achieved record full year adjusted EPS of... More