SPY381.53+0.11 0.03%
DIA313.20+0.21 0.07%
IXIC12,961.11-36.64 -0.28%

BRIEF-Meridian Bioscience Reports First Quarter Operating Results And Raises Full Year Fiscal 2021 Guidance

· 02/05/2021 07:36
BRIEF-Meridian Bioscience Reports First Quarter Operating Results And Raises Full Year Fiscal 2021 Guidance

- Meridian Bioscience Inc VIVO.O:

  • MERIDIAN BIOSCIENCE REPORTS RECORD SETTING FIRST QUARTER FISCAL 2021 OPERATING RESULTS AND RAISES FULL YEAR FISCAL 2021 GUIDANCE

  • Q1 REVENUE $92.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $83.9 MILLION

  • QTRLY EARNINGS PER SHARE $0.61

  • IN LIFE SCIENCE, FORECAST FOR SECOND HALF OF YEAR ASSUMES WE RETURN TO LEVELS SIMILAR TO Q4 OF FISCAL 2020

  • QTRLY ADJUSTED EARNINGS PER SHARE $0.65

  • SEES FY2021 NET REVENUES CONSOLIDATED $320 MILLION TO $350 MILLION

  • SEES FY2021 ADJUSTED NET EARNINGS PER SHARE ON A DILUTED BASIS $1.70 TO $1.90

Source text for Eikon: ID:nGNX7qXsWn

Further company coverage: VIVO.O


((Reuters.Briefs@thomsonreuters.com;))