BIO-RAD LABORATORIES INC
For the period ended Mar 31, 2024. Filed May 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
BIO-B$389.98+2.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
(In thousands, except per share data)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2024 | 2023 | |
| Net sales | $610,820 | $676,844 |
| Cost of goods sold | 284,854 | 314,427 |
| Gross profit | 325,966 | 362,417 |
| Selling, general and administrative expense | 214,883 | 225,553 |
| Research and development expense | 66,375 | 74,951 |
| Income from operations | 44,708 | 61,913 |
| Interest expense | 12,277 | 12,337 |
| Foreign currency exchange gains, net | (1,954) | (2,347) |
| (Gains) losses from change in fair market value of equity securities and loan receivable | (422,177) | 17,525 |
| Other income, net | (34,516) | (50,431) |
| Income before income taxes | 491,078 | 84,829 |
| Provision for income taxes | (107,162) | (15,867) |
| Net income | $383,916 | $68,962 |
| Basic earnings per share: | ||
| Net income per basic share | $13.46 | $2.33 |
| Weighted average common shares - basic | 28,518 | 29,596 |
| Diluted earnings per share: | ||
| Net income per diluted share | $13.45 | $2.32 |
| Weighted average common shares - diluted | 28,537 | 29,747 |
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