Thermo Fisher Q3 revenue $10.57B (-1% YoY); GAAP EPS $4.42 (+17%); acquires Olink for ~$3.1B

THERMO FISHER SCIENTIFIC INC.

2023-Q3 EPS reported $11.25 revenue$31,971,000,000

Revenue $10.57B, down 1% YoY; core organic revenue grew 1%; COVID testing revenue $0.05B.
GAAP diluted EPS $4.42 (+17% YoY); adjusted EPS $5.69 (+12% YoY).
GAAP operating margin 17.6% (up 160 bps); adjusted operating margin 24.2% (up 200 bps).
Full-year 2023 guidance revised: revenue $42.7B, core organic growth 1%, adjusted EPS $21.50.
Announced agreement to acquire Olink (OLK) for ~$3.1B net; expected close post-quarter.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

THERMO FISHER SCIENTIFIC INC. reported the fiscal quarter ended September 30, 2023 results: revenue $10.57 billion, EPS $4.42. Guidance lowered.

Period: the fiscal quarter ended September 30, 2023
Revenue: $10.57 billion
EPS: $4.42
Guidance: lowered
Result: reported results

Exact text from the filing

world leader in serving science, today reported its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights • Third quarter revenue was $10.57 billion, 1% lower versus the same quarter last year. Core organic revenue growth was 1%. • Third quarter GAAP diluted earnings per share (EPS) was $4.42, 17% higher versus the same

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THERMO FISHER SCIENTIFIC INC. filing history →

Source: SEC EDGAR

accession 0000097745-23-000065

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