Revvity Q4 2019 Earnings Report
Key Takeaways
PerkinElmer announced its financial results for the fourth quarter and full year 2019, demonstrating strong performance. The company's Q4 revenue reached $805.5 million, reflecting a 6% reported growth and 5% organic growth. GAAP EPS from continuing operations was $0.58, while adjusted EPS reached $1.35. The company also provided FY20 GAAP EPS guidance range of $2.89 to $2.99 and adjusted EPS guidance of $4.50 to $4.60.
Q4 revenue reached $805.5 million, a 6% increase reported.
GAAP EPS from continuing operations was $0.58, and adjusted EPS was $1.35.
GAAP operating income margin was 17.2%, and adjusted operating income margin was 23.9%.
FY20 GAAP EPS guidance range is $2.89 to $2.99, and adjusted EPS guidance is $4.50 to $4.60.
Revvity
Revvity
Revvity Revenue by Segment
Forward Guidance
For the full year 2020, the Company forecasts GAAP revenue of $3.05 billion to $3.09 billion. GAAP earnings per share from continuing operations in a range of $2.89-$2.99 adjusted earnings per share of $4.50-$4.60. For the first quarter of 2020, the Company forecasts GAAP revenue of $700 million. GAAP earnings per share from continuing operations of $0.33 and adjusted earnings per share of $0.70.
Revenue & Expenses
Visualization of income flow from segment revenue to net income