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Bio-Techne Releases Fourth Quarter Fiscal 2021 Results

Bio-Techne Releases Fourth Quarter Fiscal 2021 Results
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Bio-Techne Releases Fourth Quarter Fiscal 2021 Results

Bio-Techne Releases Fourth Quarter Fiscal 2021 Results
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Bio-Techne Releases Third Quarter Fiscal 2021 Results

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MINNEAPOLIS, May 6, 2021 /PRNewswire/ Bio-Techne Corporation (NASDAQ:TECH) today reported its financial results for the third quarter ended March 31, 2021.
Third Quarter FY2021 Snapshot
Third quarter organic revenue increased by 22% (25% reported) to $243.6 million and 17% (19% reported) in the first nine months of fiscal 2021 to $672.0 million.
GAAP EPS was $1.12 versus $0.92 one year ago. Delivered adjusted earnings per share (EPS) of $1.79 versus $1.39 one year ago.
Adjusted Operating Margin increased to 40.1% in the third quarter of fiscal 2021 compared to 36.4% in the third quarter of fiscal 2020.
Excellent commercial execution in both operating segments with Protein Sciences achieving record organic growth of 24% and Diagnostics and Genomics delivering 17% organic growth. ....

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