Reported 1 day ago
Thermo Fisher Scientific's stock soared after the company reported strong quarterly results, exceeding analysts' expectations with adjusted earnings per share of $5.36 and a revenue increase of 3% to $10.85 billion. The company has raised its full-year earnings guidance due to operational improvements and reduced tariff impacts. CEO Marc Casper highlighted the effectiveness of the Practical Process Improvement Business System in adapting to market conditions. Despite the recent gains, the stock is still down about 8% for the year.
Source: YAHOO