Bio-Techne Corp. Q1 Income Drops 10%

(RTTNews) - Bio-Techne Corp. (TECH) released earnings for first quarter that fell compared to the same period last year.

The company said its earnings came in at $29.43 million, or $0.79 per share. This was down from $32.63 million, or $0.88 per share, in last year's first quarter.

The company said revenue for the quarter rose 3.6% to $112.38 million. This was up from $108.48 million last year.

Bio-Techne Corp. earnings at a glance:

-Earnings (Q1): $29.43 Mln. vs. $32.63 Mln. last year. -Earnings Decline (Y-o-Y): -9.8% -EPS (Q1): $0.79 vs. $0.88 last year. -EPS Decline (Y-o-Y): -10.2% -Revenue (Q1): $112.38 Mln vs. $108.48 Mln last year. -Revenue Change (Y-o-Y): 3.6%