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Jul 03, 2021
Thermo Fisher Q2 2021 Earnings Report
Thermo Fisher Scientific reported strong second-quarter results driven by revenue growth and societal response to the pandemic.
Key Takeaways
Thermo Fisher Scientific reported a strong second quarter with a 34% increase in revenue to $9.27 billion and a 44% increase in adjusted EPS to $5.60. The company also raised its full-year revenue and adjusted EPS guidance.
Second quarter revenue increased 34% to $9.27 billion.
Second quarter GAAP diluted earnings per share (EPS) increased 59% to $4.61.
Second quarter adjusted EPS increased 44% to $5.60.
The company is raising its revenue guidance by $300 million to $35.90 billion.
Thermo Fisher
Thermo Fisher
Thermo Fisher Revenue by Segment
Revenue by Segment
Life Sciences Solutions Revenue
CapyFin.comAnalytical Instruments Revenue
CapyFin.comSpecialty Diagnostics Revenue
CapyFin.comLaboratory Products and Biopharma Services Revenue
CapyFin.com Forward Guidance
Thermo Fisher is raising its 2021 revenue and earnings guidance.
Positive Outlook
- The company is raising its revenue guidance by $300 million to $35.90 billion.
- This would result in 11% revenue growth over 2020.
- The company is raising its adjusted EPS guidance by $0.10 to $22.07.
- This would represent 13% growth year over year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income