NASDAQ$TECH

Bio-Techne Corp · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Bio-Techne's Q2 2020 financial results were released, featuring revenue growth and increased EPS.

Bio-Techne reported a solid second quarter with a 6% increase in organic revenue, reaching $184.9 million. GAAP EPS was $3.02, driven by a gain on the ChemoCentryx investment, while adjusted EPS increased by 2% to $1.08. The Diagnostics and Genomics segment showed strong organic growth of 12%.

  • Second quarter organic revenue increased by 6% to $184.9 million.
  • GAAP EPS was $3.02, including a gain from the ChemoCentryx investment; adjusted EPS was $1.08, a 2% increase.
  • Adjusted Operating Margin increased to 33.4% compared to 32.5% in the prior year.
  • Diagnostics and Genomics segment delivered organic growth of 12%.

Headline financials

Total Revenue

$185M

Previous: $175M+6.0%
EPS (adj)

$0.27

Previous: $0.27+0.0%
Capital Expenditures

-$25.1M

Previous: -$8.79M-185.3%
Free Cash Flow

$94.5M

Previous: $8.76M+978.9%
Net Income

$120M

Previous: $17.6M+581.4%
Operating Income

$37M

Previous: $33.6M+10.1%
Gross Profit

$121M

Previous: $113M+7.4%
Cash & Equivalents

$110M

Previous: $85.9M+28.4%
Total Assets

$2B

Previous: $1.84B+8.3%
Stock-Based Comp

$10.1M

Previous: $6.86M+47.6%

Revenue & EPS history

Bio-Techne · Revenue · Quarterly

$185M

Q2 2020+6%vs Q2 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Bio-Techne · $142M total across 1 segment · Q2 2020

  • Protein Sciences
    $142M+4.4%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

+0.8%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.8%

Avg return

30 days after

58%

39 / 67 earnings

Positive

+19.6%

Q3 2024

Best reaction

-9.0%

Q1 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+0.0%-18.3%-8.1%
Q2 2026+4.8%+1.3%-16.6%
Q1 2026-1.9%-6.0%+0.9%
Q3 2025+2.2%+13.0%+2.0%
Q2 2025+3.7%-3.6%-11.3%
Q1 2025+4.3%+7.3%+6.5%
Q4 2024-6.4%-8.5%-8.8%
Q3 2024+19.6%+20.3%+22.1%
Q2 2024-6.2%-4.2%+5.8%
Q1 2024-6.7%+3.7%+11.1%
Q4 2023+2.1%+3.8%-9.0%
Q3 2023+4.8%+2.6%+3.5%
Q2 2023-2.6%-3.5%-3.7%
Q1 2023+0.6%+2.5%+16.7%
Q4 2022-2.3%-7.8%-15.8%
Q3 2022+0.7%-9.5%-5.3%
Q2 2022+11.0%+8.9%+11.5%
Q1 2022-3.9%-5.3%-11.0%
Q4 2021-1.0%-4.7%+5.4%
Q3 2021+1.5%-0.3%+1.8%
Q2 2021+8.3%+11.9%+2.3%
Q1 2021+13.2%+12.4%+14.8%
Q4 2020-3.9%-4.7%-10.1%
Q3 2020+7.7%+16.5%+25.4%
Q2 2020-0.3%-3.0%-6.4%
Q1 2020+0.0%+0.6%+6.1%
Q4 2019-4.6%-3.7%-4.8%
Q3 2019+3.0%+4.8%-0.7%
Q2 2019+5.3%+3.3%+7.3%
Q1 2019-5.5%-4.1%-8.5%
Q4 2018+5.0%+5.8%+12.8%
Q3 2018-2.8%-1.4%+0.1%
Q2 2018+3.0%+0.8%+8.6%
Q1 2018+3.8%+4.6%+9.0%
Q4 2017-1.5%+1.1%+3.8%
Q3 2017+2.0%+3.0%+5.3%
Q2 2017-1.0%+2.3%+6.2%
Q1 2017+0.3%-1.6%+4.3%
Q4 2016-3.4%-2.8%-2.6%
Q3 2016+7.1%
Q2 2016+4.9%
Q1 2016-9.0%
Q4 2015-2.3%
Q3 2015+1.6%
Q2 2015-3.2%
Q1 2015-2.8%
Q4 2014+0.2%
Q3 2014+8.1%
Q2 2014-4.4%
Q1 2014+0.7%
Q4 2013+4.1%
Q3 2013+0.4%
Q2 2013-2.2%
Q1 2013-4.3%
Q4 2012-3.8%
Q3 2012+0.5%
Q2 2012+2.2%
Q1 2012-5.3%
Q4 2009+1.4%
Q4 2011+1.4%
Q3 2011+0.5%
Q3 2010+0.5%
Q2 2011-0.8%
Q1 2011+0.6%
Q4 2010+0.6%
Q1 2010+0.6%
Q2 2010+0.6%

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