Thermo Fisher Lifts Annual Forecast On Improved Demand, Despite Q1 Revenue Dip [Yahoo! Finance]
Thermo Fisher Scientific Inc (TMO)
Last thermo fisher scientific inc earnings: 4/22 06:00 am
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ir.thermofisher.com/investors/investor-overview/default.aspx
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Source: Yahoo! Finance
Organic revenue was 4% lower, and core organic revenue growth declined by 3% Revenue from the Life Sciences Solutions Segment declined by 12.5% to $2.29 billion. Analytical Instruments Segment sales were down 2.1% to $1.69 billion. Specialty Diagnostics Segment revenues were almost flat at $1.1 billion, and Laboratory Products and Biopharma Services segment sales were down 0.7% to $5.72 billion. Adjusted EPS of $5.11 beat the consensus of $4.71 and grew from $5.03 a year ago. Adjusted operating margin improved from 21.8% to 22%. “We had a great start to the year, driven by our proven growth strategy and the impact of our PPI Business System. Our team continues to enable the success of our customers while demonstrating incredibly strong commercial execution and operational discipline. This positions us to deliver differentiated performance in 2024 as we continue to create value for all of our stakeholders and build an even brighter future for our company,” said Marc Casper,
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TMO
Earnings
- 4/24/24 - Beat
TMO
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 4
- 5/2/24 - Form 3
- TMO's page on the SEC website