WASHINGTON (dpa-AFX) - Revvity, Inc. (RVTY) revealed a profit for its third quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $94.37 million, or $0.77 per share. This compares with $9.50 million, or $0.08 per share, in last year's third quarter.
Excluding items, Revvity, Inc. reported adjusted earnings of $1.28 per share for the period.
Analysts on average had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 2.0% to $684.05 million from $670.74 million last year.
Revvity, Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $94.37 Mln. vs. $9.50 Mln. last year. -EPS (Q3): $0.77 vs. $0.08 last year. -Revenue (Q3): $684.05 Mln vs. $670.74 Mln last year.
-Guidance: Full year EPS guidance: $4.83 - $4.87 Full year revenue guidance: $2.75 - $2.77 Bln
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