Overview
Revvity Q3 revenue of $699 mln missed analyst expectations
Adjusted EPS from continuing operations was $1.18, down from $1.28 last year
Company authorizes new $1 bln share repurchase program
Outlook
Revvity updates 2025 revenue guidance to $2.83-$2.88 bln due to currency changes
Company reaffirms 2025 organic growth guidance of 2% to 4%
Revvity raises 2025 adjusted EPS guidance to $4.90-$5.00
Result Drivers
STRATEGIC PARTNERSHIPS - CEO Prahlad Singh attributes Q3 performance to key innovations and strategic partnerships
SHARE REPURCHASE - Co authorizes new $1 bln share repurchase program, replacing prior program
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Miss | $698.94 mln | $700.45 mln (16 Analysts) |
Q3 EPS | $0.40 | ||
Q3 Adjusted EPS continuing operations | $1.18 |
Press Release: ID:nBw7gg2X4a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)