WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Revvity, Inc. (RVTY) on Monday reported third-quarter net income of $9.5 million.
On a per-share basis, the Waltham, Massachusetts-based company said it had net income of 8 cents. Earnings, adjusted for one-time gains and costs, were $1.18 per share.
The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.
The maker of scientific instruments posted revenue of $670.7 million in the period, which also fell short of Street forecasts. Six analysts surveyed by Zacks expected $692.2 million.
Revvity expects full-year earnings in the range of $4.53 to $4.57 per share, with revenue in the range of $2.72 billion to $2.74 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RVTY at https://www.zacks.com/ap/RVTY