Thermo Fisher Scientific reported strong fourth-quarter results, with revenue growing 7% to $11.45 billion and adjusted EPS reaching $5.40. The company highlighted its continued investment in innovation and capacity expansion, as well as its progress on ESG priorities.
Fourth quarter revenue grew 7% to $11.45 billion.
Fourth quarter GAAP diluted earnings per share (EPS) was $4.01.
Fourth quarter adjusted EPS was $5.40.
Core organic revenue growth was 14%.
Thermo Fisher is initiating revenue and adjusted EPS guidance for the full year 2023. The company expects to achieve 2023 revenue of $45.3 billion and full year Core organic revenue growth of 7%. The company expects to achieve adjusted EPS of $23.70.
Visualization of income flow from segment revenue to net income