WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Thermo Fisher Scientific Inc. (TMO) on Wednesday reported third-quarter earnings of $1.62 billion.
The Waltham, Massachusetts-based company said it had net income of $4.27 per share. Earnings, adjusted for one-time gains and costs, came to $5.79 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $5.50 per share.
The maker of scientific instrument and laboratory supplies posted revenue of $11.12 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $10.91 billion.
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