WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Revvity, Inc. (RVTY) on Monday reported second-quarter earnings of $53.9 million.
On a per-share basis, the Waltham, Massachusetts-based company said it had profit of 46 cents. Earnings, adjusted for one-time gains and costs, came to $1.18 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The maker of scientific instruments posted revenue of $720.3 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $711.3 million.
Revvity expects full-year earnings in the range of $4.85 to $4.95 per share, with revenue in the range of $2.84 billion to $2.88 billion.
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