Bio-Rad: Q3 Earnings Snapshot

HERCULES, Calif. (AP) — HERCULES, Calif. (AP) — Bio-Rad Laboratories Inc. (BIO) on Wednesday reported third-quarter net income of $458.6 million, after reporting a loss in the same period a year earlier.

The Hercules, California-based company said it had profit of $17.02 per share. Earnings, adjusted for one-time gains and costs, were $2.65 per share.

The maker of instruments used in biomedical research posted revenue of $656.4 million in the period.

Bio-Rad shares have increased 25% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $379.99, a rise of 22% in the last 12 months.

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