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Bio-Rad: Q1 Earnings Snapshot

HERCULES, Calif. (AP) — HERCULES, Calif. (AP) — Bio-Rad Laboratories Inc. (BIO.B) on Thursday reported a first-quarter loss of $527.1 million, after reporting a profit in the same period a year earlier.

The Hercules, California-based company said it had a loss of $19.55 per share. Earnings, adjusted for one-time gains and costs, came to $1.89 per share.

The maker of instruments used in biomedical research posted revenue of $592.1 million in the period.

Bio-Rad shares have declined nearly 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $299.45, a climb of 20% in the last 12 months.

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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/BIO.B

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