29.04.2024 12:12:17 - dpa-AFX: Revvity, Inc. Q1 Profit Decreases, but beats estimates
WASHINGTON (dpa-AFX) - Revvity, Inc. (RVTY) released a profit for first
quarter that decreased from the same period last year but beat the Street
estimates.
The company's bottom line came in at $26.013 million, or $0.21 per share. This
compares with $569.475 million, or $4.50 per share, in last year's first
quarter.
Excluding items, Revvity, Inc. reported adjusted earnings of $0.98 per share for
the period.
Analysts on average had expected the company to earn $0.93 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 3.7% to $649.920 million from
$674.865 million last year.
Revvity, Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $26.013 Mln. vs. $569.475 Mln. last year.
-EPS (Q1): $0.21 vs. $4.50 last year.
-Revenue (Q1): $649.920 Mln vs. $674.865 Mln last year.
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