
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
African Forests Have Become a Source of Carbon Emissions - 2
Tesla Germany Registrations Quadruple to 9,252 Vehicles in Best March Ever - 3
'War is not over': Detailed diagrams of prisons found in cells of Oct. 7 terrorists - 4
FDA adds strongest warning to Sarepta gene therapy linked to 2 patient deaths - 5
IDF destroys Hamas shaft in northern Gaza with loaded 'ready to fire' rocket aimed at Sderot
Saturn's moon Titan may not have a buried ocean as long suspected, new study suggests
What's your biological age? Experts explain the benefits and risks of at-home tests
New COVID-19 variant 'Cicada' is spreading. What to know about BA.3.2.
The 15 Most Powerful Forerunners in Business
They died 'doing what they loved': The stories of workers in their 80s who died on the job
Kennedy approves adding two rare disorders to newborn screenings
UK, Canada, Germany, others condemn Israel's West Bank settlement plan
Creative Do-It-Yourself Ventures for Each Expertise Level
Yasser Abu Shabab's killing raises questions about Israel's militia strategy in Gaza













