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Techne reports FQ1 results

  • Techne Corp. (NASDAQ:TECH -6.6%) FQ1 results: Revenues: $112.4M (+3.6%); COGS: $37M (+4.5%); R&D Expense: $11.3M (+24.2%); SG&A: $33M (+15.0%); Operating Income: $31M (-11.9%); Net Income: $22.7M (-5.0%); EPS: $0.61 (-4.7%); Quick Assets: $87.3M (-21.3%).
  • No guidance given.

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