United States Laboratory Supply Wholesaling Industry Research Report 2024: Testing, Testing - Volatile Economic Trends Lead to Minimal Growth [Yahoo! Finance]
Thermo Fisher Scientific Inc (TMO)
Last thermo fisher scientific inc earnings: 4/22 06:00 am
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US:NYSE Investor Relations:
ir.thermofisher.com/investors/investor-overview/default.aspx
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Source: Yahoo! Finance
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares. Laboratory supply wholesaling revenue has grown at a CAGR of 1.0% over the past five years to $27.2 billion, including a marginal increase of 0.1% in 2023 alone. Downstream markets, including the Laboratory Testing Services industry and the Scientific Research and Development industry, have also grown, contributing to rising demand for laboratory equipment and supplies. But profit has declined to 4.8% of revenue. The economy has been highly volatile over the past five years, mostly because of COVID-19, which led to a reduction in the US GDP in 2020 and a strong expansion of the economy in 2021. The economy continued to grow moderately in 2022, but is experiencing uncertainty in 2023, mostly because of high interest rates. Op
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TMO
Earnings
- 4/24/24 - Beat
TMO
Sec Filings
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/14/24 - Form 4
- TMO's page on the SEC website