Meridian Bioscience Reports 6 Percent Jump in Fiscal Q2 Sales | GenomeWeb

NEW YORK (GenomeWeb) — Meridian Biosciences today reported a 6 percent year-over-year increase in fiscal second quarter revenues as growth in its Illumigene molecular assay product portfolio helped temper flagging sales of its influenza immunoassay.

For the three months ended March 31, Meridian reported net sales of $50.1 million compared to $47.3 million in the year-ago period and falling short of the consensus analyst estimate of $52.2 million.

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