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Dec 31, 2023
Revvity Q4 2023 Earnings Report
Reported a revenue decrease and mixed earnings per share in the fourth quarter of 2023.
Key Takeaways
Revvity reported a GAAP revenue of $696 million for the fourth quarter of 2023, compared to $741 million in the same period last year. GAAP EPS was $0.64, while adjusted EPS from continuing operations was $1.25. The company initiates full year 2024 guidance.
Fourth quarter revenue was $696 million, a (6)% reported decrease and (7)% organic decrease.
GAAP EPS for the fourth quarter was $0.64, down from $1.01 in the same period last year.
Adjusted EPS from continuing operations for the fourth quarter was $1.25, compared to $1.41 last year.
Full year 2024 guidance initiated with revenue forecast of $2.79-$2.85 billion and adjusted EPS of $4.55-$4.75.
Revenue by Segment
Forward Guidance
For the full year 2024, the Company forecasts total revenue of $2.79-$2.85 billion and adjusted earnings per share of $4.55-$4.75.
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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