Thermo Fisher Scientific (TMO) PT Raised to $175 at Mizuho Securities

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Thermo Fisher Scientific Reports Second Quarter 2016 Results

July 28, 2016 6:00 AM EDT

WALTHAM, Mass.--(BUSINESS WIRE)-- Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today reported its financial results for the second quarter of 2016, ended July 2, 2016.

Second Quarter 2016 Highlights

Revenue increased 6% to $4.54 billion. GAAP diluted earnings per share (EPS) increased 2% to $1.30.Adjusted EPS grew 10% to $2.03. Strengthened leadership in analytical instruments by launching a suite of software and Cloud-based solutions for research and applied markets, and introducing new products to accelerate drug discovery, including our flagship Q Exactive BioPharma mass... More