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Bio-Rad: 1Q Earnings Snapshot

HERCULES, Calif. (AP) _ Bio-Rad Laboratories Inc. (BIO.B) on Wednesday reported first-quarter earnings of $685.9 million.

On a per-share basis, the Hercules, California-based company said it had net income of $22.72. Earnings, adjusted for non-recurring gains, came to $1.91 per share.

The maker of instruments used in biomedical research posted revenue of $571.6 million in the period.

Bio-Rad shares have risen 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $446.53, a rise of 48% in the last 12 months.


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