
Jan 12 (Reuters) - Revvity said on Monday it expects its 2025 adjusted profit per share to exceed its forecast of $4.90 to $5, as the medical equipment maker benefits from renewed demand for contract research and diagnostics services.
The company's shares were up nearly 6% in extended trading.
Pharmaceutical companies have ramped up drug development in the U.S. amid evolving trade policies under President Donald Trump.
Revvity said it expects to report fourth-quarter revenue of around $772 million, above Wall Street estimates of $760.3 million, according to data compiled by LSEG.
It also expects annual revenue to grow 4% to $2.86 billion, above estimates of $2.84 billion.
The company will report its fourth-quarter and full year 2025 results on February 2.
(Reporting by Puyaan Singh in Bengaluru; Editing by Leroy Leo)
LATEST POSTS
- 1
James Webb Space telescope spots 'big red dot' in the ancient universe: A ravenous supermassive black hole named 'BiRD' - 2
Flourishing in a Cutthroat Work Market: Vocation Methodologies - 3
Picking Your Next SUV: 4 Brands Offering Execution, Solace, and Wellbeing - 4
Netflix's Eddie Murphy documentary explains 'Saturday Night Live' beef: 'That's why I didn't go back for years' - 5
2 ways you can conserve the water used to make your food
Mysterious bright blue cosmic blasts triggered by black holes shredding stars, scientists say. 'It's definitely not just an exploding star.'
5 VIP Voice Exhibitions in Energized Movies
Beyond the habitable zone: Exoplanet atmospheres are the next clue to finding life on planets orbiting distant stars
Photos: Hundreds Gather at Bondi Beach After Deadly Attack
From Specialist to Proficient Picture taker: Individual Triumphs
Traveling Alone: An Excursion of Self-Disclosure
The most effective method to Boost Eco-friendliness in Your Volvo XC40
Ukraine's new defense minister just outlined how dire its troop shortage has become
A Couple of Reasonable Guitars for 2024












