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Techne Corp. (TECH) Releases Unaudited Third Quarter and Nine Month Fiscal Year 2013 Results



4/30/2013 6:28:07 AM

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MINNEAPOLIS, April 30, 2013 /PRNewswire/ -- Techne Corporation's (NASDAQ:TECH) financial results for the third quarter and nine months ended March 31, 2013 include the following highlights:

Third quarter earnings were $33.1 million or $0.90 per diluted share. Adjusted earnings for the quarter were $32.5 million (a decrease of 3.2% from the prior fiscal year period) or $0.88 per diluted share. Earnings and adjusted earnings were negatively impacted by foreign currency fluctuations, which reduced reported sales and gross margins.

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