Categories AlphaGraphs, Earnings, Health Care

Thermo Fisher Scientific (TMO) Q4 adj. earnings rise; revenue down 5%

Thermo Fisher Scientific Inc. (NYSE: TMO) on Wednesday announced fourth-quarter 2023 financial results, reporting higher adjusted earnings, despite a decrease in revenues.

Thermo Fisher Scientific Q4 2023 earnings infographic

Fourth-quarter revenues declined 5% annually to $10.89 billion, mainly reflecting weak performance by the Laboratory Products and Life Sciences Solutions segments.

Adjusted earnings, meanwhile, moved up to $5.67 per share in the December quarter from $5.40 per share a year earlier. The reported profit was $1.63 billion or $4.20 per share, compared to $1.58 billion or $4.01 per share in the prior-year quarter.

Prior Performance

  • Thermo Fisher Q4 2022 earnings infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Infographic: How Macy’s (M) performed in Q4 2023 financial results

Macy’s, Inc. (NYSE: M) reported fourth quarter 2023 earnings results today. Net sales were $8.1 billion, down 1.7% versus the same period a year ago. Total revenue dropped to $8.37

AZO Earnings: AutoZone’s Q2 2024 earnings rise on higher sales

AutoZone, Inc. (NYSE: AZO) announced financial results for the second quarter of 2024, reporting higher sales and net profit. The company had a total of 7,191 stores open at the end

SJM Earnings: Key quarterly highlights from J.M. Smucker’s Q3 2024 financial results

The J.M. Smucker Co. (NYSE: SJM) reported third quarter 2024 earnings results today. Net sales increased 1% year-over-year to $2.23 billion. Comparable sales increased 6%. Net income decreased 42% to

Add Comment
Viewing Highlight