PerkinElmer (PKI) Tops Q4 EPS by 2c, Revenues Beat; Initiates Q1 & FY20 EPS Guidance Below Consensus
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PerkinElmer Announces Financial Results for the Fourth Quarter and Full Year 2019
January 27, 2020 4:15 PM EST4Q Revenue of $805.5 million; 6% reported growth; 5% organic growth 4Q GAAP EPS from continuing operations of $0.58; Adjusted EPS of $1.35 4Q GAAP operating income margin of 17.2%; Adjusted operating income margin from continuing operations of 23.9% Initiates FY20 GAAP EPS guidance range of $2.89 to $2.99 from continuing operations; Adjusted EPS guidance of $4.50 to $4.60; FY20 Revenue of $3.05 billion to $3.09 billion; 6-7% reported growth; 5-6% organic growth Initiates 1Q20 GAAP EPS guidance of $0.33 from continuing operations; Adjusted EPS guidance of $0.70; 1Q20 Revenue of $700 million; 8% reported growth; 6% organic growth
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