Techne Corp. Releases Unaudited First Quarter Results For Fiscal Year 2007

MINNEAPOLIS, Oct. 25 /PRNewswire-FirstCall/ -- Techne Corporation’s (Nasdaq: TECH - News) consolidated net earnings for the quarter ended September 30, 2006 increased 15.5% to $19.6 million and its earnings per diluted share increased 16.3% to $0.50 compared with $17.0 million and $.43 per diluted share for the quarter ended September 30, 2005. The improvement in results was mainly due to increased consolidated net sales and improved gross margin percentages.

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