Bio-Techne TECH Protein Sciences — Goodwill Foreign Currency Translation Gain Loss

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FAQ

What is Bio-Techne's protein sciences — goodwill foreign currency translation gain loss?

Bio-Techne (TECH) reported protein sciences — goodwill foreign currency translation gain loss of -$1.71M in Q1 2026.

How has Bio-Techne's protein sciences — goodwill foreign currency translation gain loss changed year-over-year?

Bio-Techne's protein sciences — goodwill foreign currency translation gain loss decreased by 230.6% year-over-year, from $1.31M to -$1.71M.

What does protein sciences — goodwill foreign currency translation gain loss mean?

This metric captures the impact of fluctuations in foreign exchange rates on the carrying value of goodwill denominated in currencies other than the reporting currency for the Protein Sciences segment. It represents non-cash adjustments that occur when the segment holds assets in international markets. These gains or losses are typically recorded in other comprehensive income rather than operating income.