WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Revvity, Inc. (RVTY) on Monday reported third-quarter earnings of $46.7 million.
The Waltham, Massachusetts-based company said it had profit of 40 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.18 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The maker of scientific instruments posted revenue of $698.9 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $700 million.
Revvity expects full-year earnings in the range of $4.90 to $5 per share, with revenue in the range of $2.83 billion to $2.88 billion.
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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
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