Thermo Fisher Scientific (TMO) Tops Q2 EPS by $1.05, Revenues Beat

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Thermo Fisher Scientific Reports Second Quarter 2020 Results

July 22, 2020 6:00 AM EDT

WALTHAM, Mass., July 22, 2020 /PRNewswire/ -- Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today reported its financial results for the second quarter ended June 27, 2020.

Second Quarter 2020 Highlights

Second quarter revenue increased 10% to $6.92 billion. Second quarter GAAP diluted earnings per share (EPS) increased 5% to $2.90. Second quarter adjusted EPS increased 28% to $3.89. Leveraged our industry-leading scale and expertise to meet strong global demand for COVID-19 products and services. Highlights in the second quarter included: Generated approximately $1.3... More