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Form 8-K · Current Report · Filed 2024-07-29

Revvity Reports Q2 2024 Financial Results

Revvity, Inc. reported financial results for the second quarter ended June 30, 2024, showing GAAP revenue of $692 million, a 2% decrease from the same period last year. The company reported GAAP earnings per share (EPS) of $0.45, compared to $0.28 in the same period a year ago. Adjusted EPS from continuing operations was $1.22. Revvity also raised its full-year 2024 adjusted EPS guidance to a range of $4.70-$4.80. The diagnostics segment saw a 1% revenue increase, while the life sciences segment experienced a 7% revenue decrease.

Filer
Revvity Inc. RVTY · NYSE
Filed
Accession
0000031791-24-000018
CIK
0000031791
Signal
High impactHealthcare

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat Raised Guidance
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$115.15

Next session

+10.4%

Since filing

+27.4%

Latest close

$146.73

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from RVTY reporting the same item, with the next session's move:

Revvity Reports Q1 2024 Financial Results and Reaffirms Guidance+0.9%
Revvity Announces Fourth Quarter and Full Year 2023 Financial Results-1.5%
Revvity Announces Preliminary Q4 2023 Financial Results and J.P. Morgan Conference Presentation+2.4%

Exhibits (1)

About Revvity Inc.

Revvity Inc. is a prominent company in the healthcare and biological sciences field, offering a comprehensive suite of solutions aimed at improving global health outcomes. The company's core focus lies in delivering innovative products and services that range from diagnostic tools to advanced analytical capabilities for life sciences research. Revvity serves a wide array of sectors including biotechnology, pharmaceuticals, and clinical diagnostics, providing essential tools and data analytics that aid in disease discovery, drug development, and health monitoring. The company's expertise in deploying cutting-edge technologies further reinforces its position as a critical enabler of scientific research and innovation. With its global reach and commitment to enhancing healthcare delivery, Revvity Inc. plays a pivotal role in advancing the capabilities of medical and scientific communities worldwide, driving progress in critical areas such as personalized medicine and preventive healthcare.

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