Thermo Fisher Scientific (TMO) Tops Q3 EPS by 6c; Raises Outlook
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Thermo Fisher Scientific Reports Third Quarter 2016 Results
October 27, 2016 6:01 AM EDTWALTHAM, Mass.--(BUSINESS WIRE)-- Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today reported its financial results for the third quarter of 2016, ended October 1, 2016.
Third Quarter 2016 Highlights
Revenue increased 9% to $4.49 billion. GAAP diluted earnings per share (EPS) increased 1% to $1.19.Adjusted EPS grew 13% to $2.03. Strengthened presence in clinical markets by receiving FDA clearance to launch new DRI Hydrocodone assay and two new EliA IgG thyroid tests as well as extend use of BRAHMS PCT sepsis test to... More