Bio-Rad Q3 Revenues Drop 11 Percent | GenomeWeb

NEW YORK (GenomeWeb) — Bio-Rad reported after the close of the market Tuesday an 11 percent decrease in third quarter revenues, including a 13 percent decrease in sales for its Life Science segment.

For the three months ended Sept. 30, Bio-Rad reported revenues of $470 million compared to $530.6 million in the year-ago period, and below analysts’ consensus estimate of $495.6 million. On a currency-neutral basis, Bio-Rad's Q3 revenues decreased 2.2 percent year over year.

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