
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
China resumes flights to North Korea after a six-year pause - 2
'The best gift ever': Baby is born after the rarest of pregnancies, defying all odds - 3
ADHD drugs work, but not the way experts thought - 4
Germany records first wolf bite on human since repopulation - 5
Toddler given just 3 years to live after strange symptoms makes full recovery
Language Learning Stages: Which One Gets Your Vote?
Irish defence minister's trip to Lebanon cancelled
Was it a stone tool or just a rock? An archaeologist explains how scientists can tell the difference
America's Confided in Cooler in 2024
Vote In favor of Your Favored Treat
AfD in Brandenburg takes back suit against the intelligence service
Eating Brie, Gouda, cheddar may lower dementia risk, new study says
The architect of Iran’s military survival remains defiant
The Best 10 Innovation Developments of the Year













