Revvity Announces Financial Results for the Third Quarter of 2023
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Revvity (RVTY) sinks after third quarter results disappoint investors
October 30, 2023 11:11 AM EDTShares of health sciences company Revvity (NYSE: RVTY) plunged after it reported disappointing results for the third quarter of 2023 and updated its guidance. Management said the shortfall was due to an increasingly challenging end market environment.
Revvity reported third quarter adjusted EPS of $1.18 on revenue of $671 million. Consensus was expecting EPS of $1.19 and revenue of $695 million. The company said it expects... More
