PerkinElmer (PKI) Tops Q2 EPS by 1c, Approves 8M Share Buyback

Go back to PerkinElmer (PKI) Tops Q2 EPS by 1c, Approves 8M Share Buyback

PerkinElmer Announces Financial Results for the Second Quarter of 2016

August 4, 2016 4:16 PM EDT

Revenue of $573 million vs. guidance range of $570 million to $575 million GAAP earnings per share from continuing operations of $0.56; Adjusted earnings per share of $0.67 GAAP operating profit margin of 12.4%; Adjusted operating profit margin of 17.5% GAAP gross margin expands 150 basis points; Adjusted gross margin expands 90 basis points Successfully completed 500 million senior notes offering Announces new eight million share repurchase authorization

WALTHAM, Mass.--(BUSINESS WIRE)--... More