BIO Q4 Earnings and Revenues Miss Estimates, Stock Down Aftermarket
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Bio-Rad Laboratories reported Q4 earnings and revenues that missed estimates, leading to a drop in its stock price in aftermarket trading. Despite this, the company saw growth in its Clinical Diagnostics segment due to increased demand for quality control and blood typing products.
February 14, 2025 | 8:15 pm
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Bio-Rad Laboratories' Q4 earnings and revenues missed estimates, resulting in a stock price decline in aftermarket trading. The Clinical Diagnostics segment showed growth due to higher demand for quality control and blood typing products.
The missed earnings and revenue estimates are likely to negatively impact investor sentiment, causing a short-term decline in stock price. However, the growth in the Clinical Diagnostics segment may provide some long-term optimism.
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