financetom
Business
financetom
/
Business
/
Revvity's Q2 Adjusted Earnings Rise, Revenue Falls; Raises Full-Year Earnings Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Revvity's Q2 Adjusted Earnings Rise, Revenue Falls; Raises Full-Year Earnings Guidance
Jul 29, 2024 4:09 AM

06:53 AM EDT, 07/29/2024 (MT Newswires) -- Revvity ( RVTY ) reported Q2 adjusted earnings Monday of $1.22 per diluted share, up from $1.21 a year earlier.

Analysts polled by Capital IQ expected $1.12.

Revenue for the quarter ended June 30 was $691.7 million, compared with $709.1 million a year earlier.

Analysts surveyed by Capital IQ expected $689.2 million.

The company raised its full-year 2024 adjusted earnings guidance to $4.70 to $4.80 per diluted share, from $4.55 to $4.75. Analysts polled by Capital IQ expect $4.63.

The company narrowed its revenue outlook for the year to $2.77 billion to $2.79 billion, from $2.76 billion to $2.82 billion. Analysts surveyed by Capital IQ expect $2.79 billion.

Revvity ( RVTY ) shares rose 6% in premarket trading.

Price: 122.90, Change: +7.75, Percent Change: +6.73

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved