NEW YORK (GenomeWeb News) – Bio-Rad Laboratories said after the close of the market on Tuesday that fourth-quarter revenues improved 4 percent year over year as the firm beat the average analyst estimate on the top and bottom lines.

The company took in $573.8 million in revenues for the three months ended Dec. 31, 2012, up from $550.2 million a year ago, easily surpassing the average analyst estimate of $558.7 million.

On a currency-neutral basis, revenues were up 6 percent year over year, Bio-Rad said.

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A draft bill released by the US House of Representatives appropriations committee would increase the 2019 National Institutes of Health budget by 3 percent.

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