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MERIDIAN BIOSCIENCE INC [VIVO]  posts $29.82M loss as revenue falls 16.04% to $56.90M

MERIDIAN BIOSCIENCE INC [VIVO] posts $29.82M loss as revenue falls 16.04% to $56.90M

By USInMinutes
Published - Feb 09, 2023, 08:38 AM ET
Last Updated - Mar 06, 2023, 02:36 PM EST
 Net Sales: $56.90M  
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MERIDIAN BIOSCIENCE INC [VIVO] posted a loss of $29.82M, marking a fall of 306.39% for this quarter.

Revenue fell to $56.90M this quarter compared to $67.77M in the previous quarter.

According to the latest quarterly report the company has filed with the SEC, current earnings were $-29.82M, down 306.39% from $-7.34M.

The company’s net sales for the period were $56.90M, down 16.04%. Net sales in the previous quarter were $67.77M.

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