Thermo Fisher Scientific Inc. reported a significant increase in its financial performance for the fourth quarter and full year ended December 31, 2020. The company's fourth-quarter revenue grew by 54% to $10.55 billion, with GAAP diluted EPS increasing by 151% to $6.24 and adjusted EPS increasing by 100% to $7.09.
Fourth quarter revenue grew 54% to $10.55 billion.
Fourth quarter GAAP diluted earnings per share (EPS) increased 151% to $6.24.
Fourth quarter adjusted EPS increased 100% to $7.09.
Generated $3.2 billion of COVID-19 response revenue and accelerating growth momentum in the base business.
The company will provide 2021 financial guidance during its earnings conference call this morning at 8:30 a.m. Eastern time.
Visualization of income flow from segment revenue to net income