WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Revvity, Inc. (RVTY) on Monday reported third-quarter profit of $94.4 million.
The Waltham, Massachusetts-based company said it had net income of 77 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.28 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.
The maker of scientific instruments posted revenue of $684 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $677.6 million.
Revvity expects full-year earnings in the range of $4.83 to $4.87 per share, with revenue in the range of $2.75 billion to $2.77 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RVTY at https://www.zacks.com/ap/RVTY
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
