earnings
confidence high
sentiment negative
materiality 0.65
Revvity Q1 revenue down 4% to $650M; GAAP EPS $0.21 vs $4.50; reaffirms FY guidance
REVVITY, INC.
2024-Q1 EPS reported
$0.21
revenue$649,920,000
- Revenue $650M, -4% reported, -3% organic; GAAP EPS $0.21 vs $4.50 (prior year included large gain from discontinued ops).
- Adjusted EPS from continuing ops $0.98 vs $1.01; adjusted operating margin 25.5% vs 28.0%.
- GAAP operating income $44M, margin 6.8%; adjusted operating income $166M, margin 25.5%.
- Reaffirmed full-year 2024 organic growth and adjusted EPS guidance.