HERCULES, Calif. (AP) _ Bio-Rad Laboratories Inc. (BIO) on Thursday reported a third-quarter loss of $258.8 million, after reporting a profit in the same period a year earlier.
The Hercules, California-based company said it had a loss of $8.68 per share. Earnings, adjusted for one-time gains and costs, came to $1.61 per share.
The maker of instruments used in biomedical research posted revenue of $560.6 million in the period.
Bio-Rad shares have risen 44% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $333.58, a climb of 22% in the last 12 months.