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Stock impact report

Revvity Announces Financial Results for the Fourth Quarter and Full Year of 2023

Revvity, Inc. (RVTY) 
Company Research Source: Business Wire
Fourth quarter revenue of $696 million; (6)% reported growth; (7)% organic growth; (3)% non-COVID organic growthFourth quarter GAAP EPS of $0.64; Adjusted EPS from continuing operations of $1.25Initiates full year 2024 guidance WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today reported financial results for the fourth quarter and full year ended December 31, 2023.Fourth Quarter 2023The Company reported GAAP earnings per share of $0.64, as compared to $1.01 in the same period a year ago. GAAP revenue for the quarter was $696 million, as compared to $741 million in the same period a year ago. GAAP operating income from continuing operations for the quarter was $77 million, as compared to $137 million for the same period a year ago. GAAP operating profit margin from continuing operations was 11.1% as a percentage of revenue, as compared to 18.5% in the same period a year ago.Adjusted earnings per share from continuing operations for the quarter was $1.25, as compared Show less Read more
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