Bio-Techne (TECH) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to the same quarter one year earlier. However, revenue declined from the immediately preceding quarter.
Key takeaway
Quarter ended Sep 30, 2024 · FY2025 Q1
Revenue for the quarter increased compared to the same quarter one year earlier. However, revenue declined from the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$289.5M
Revenue reported for this quarter.
Quarter-over-quarter
-5.4%
Change from the immediately preceding quarter.
Year-over-year
+4.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $272.6M | +0.4% |
| Mar 31, 2024 | $303.4M | +3.2% |
| Jun 30, 2024 | $306.1M | +1.6% |
| Sep 30, 2024 | $289.5M | +4.5% |
Revenue performance
The reported revenue direction is mixed: a year-over-year increase but a sequential decline from the prior quarter.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. Compared to the same quarter one year earlier, revenue increased.
What to watch
The sequential revenue decline warrants attention given the year-over-year growth.