💨 Abstract

Techne Corp. (TECH) reported a fourth-quarter loss of $17.7 million, or 11 cents per share. However, adjusted earnings of 53 cents per share exceeded analysts' expectations of 50 cents. The company's revenue for the period was $317 million, surpassing forecasts of $315.4 million. Techne Corp. is a leading maker of medical testing and diagnostic products.

Courtesy: WTOP Staff