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Techne Corporation Releases Unaudited Third Quarter and Nine Month Fiscal Year 2012 Results

n vitro diagnostic systems and immunodiagnostic kits. Boston Biochem is a leading developer and manufacturer of ubiquitin-related research products. R&D China and R&D Europe distribute biotechnology products.  R&D Europe has two subsidiaries: Tocris Holdings Ltd (Tocris) of Bristol, England and R&D Systems GmbH, a German sales operation.  Tocris is a leading supplier of reagents for non-clinical life science research.



(In thousands, except per share data)





3/31/11Net sales




$211,924Cost of sales




46,618Gross margin




165,306Operating expenses:Selling, general and administrative




25,335Research and development




19,519Total operating expenses




44,854Operating income




120,452Other income (expense):Interest income




2,934Impairment losses on investments in unconsolidated entities




0Other non-operating expense, net




(1,376)Total other (expense) income




1,558Earnings before income taxes




122,010Income taxes




38,039Net earnings



SOURCE Techne Corporation
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