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Oct 01, 2023
Revvity Q3 2023 Earnings Report
Revvity reported a revenue of $671 million with GAAP EPS of $0.08 and adjusted EPS of $1.18.
Key Takeaways
Revvity reported a challenging third quarter with a revenue of $671 million, a decrease compared to $712 million in the same period last year. The GAAP EPS was $0.08, while the adjusted EPS from continuing operations was $1.18. The company is focusing on factors they can control to navigate the increased market uncertainty.
Revenue was $671 million; (6)% reported growth; (7)% organic growth; 1% non-COVID organic growth
GAAP EPS was $0.08
Adjusted EPS from continuing operations was $1.18
Full year 2023 guidance was updated
Revenue by Segment
Forward Guidance
The Company now forecasts total revenue of $2.72-$2.74 billion and adjusted earnings per share of $4.53-$4.57 for the full year 2023. This guidance assumes no additional contribution from COVID related revenues.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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