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Revvity
🇺🇸 NYSE:RVTY
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Oct 03, 2021

Revvity Q3 2021 Earnings Report

PerkinElmer's Q3 2021 earnings were announced, featuring a 21% increase in reported revenue and a 12% increase in organic revenue. The company's GAAP EPS was $1.11, and adjusted EPS reached $2.31. The company initiated Q4 guidance and raised full year revenue and earnings guidance.

Key Takeaways

PerkinElmer reported a strong third quarter with a 21% increase in revenue to $1.17 billion and adjusted EPS of $2.31. The company also provided an optimistic outlook by raising full-year revenue and earnings guidance.

Revenue reached $1.17 billion, showcasing a 21% reported growth and 12% organic growth.

GAAP EPS from continuing operations was reported at $1.11.

Adjusted EPS was $2.31, exceeding the prior year's performance.

The company initiated Q4 guidance and raised full year revenue and earnings guidance.

Total Revenue
$1.17B
Previous year: $964M
+21.1%
EPS
$2.31
Previous year: $2.09
+10.5%
Organic Revenue Growth
12%
Previous year: 34%
-64.7%
Cash and Equivalents
$487M
Previous year: $258M
+88.7%
Total Assets
$14.9B
Previous year: $6.87B
+117.0%

Revvity

Revvity

Revvity Revenue by Segment

Forward Guidance

For the fourth quarter of 2021, the Company forecasts adjusted revenue of approximately $1.2 billion and adjusted earnings per share of $2.05. For the full year 2021, the Company now forecasts adjusted revenue of $4.9 billion and adjusted earnings per share of $10.81.

Company Overview

Full financial data and analysis

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