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Form 8-K · Current Report · Filed 2024-07-24

Thermo Fisher Reports Q2 2024 Results and Raises Guidance

Thermo Fisher Scientific reported its financial results for Q2 2024, with GAAP diluted EPS increasing 15% to $4.04 and adjusted EPS increasing 4% to $5.37.

Filer
Thermo Fisher Scientific Inc. TMO · NYSE
Filed
Accession
0000097745-24-000036
CIK
0000097745
Signal
High impactHealthcare

Details

The company also raised its full-year revenue and adjusted EPS guidance, reflecting strong performance and strategic acquisitions, including the recent purchase of Olink.

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat Raised Guidance
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$552.24

Next session

+7.7%

Since filing

+4.0%

Latest close

$574.30

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

Precedent

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

Exhibits (1)

About Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc. is a world-leading biotechnology company that provides essential tools and services for life sciences, biotechnology, pharmaceutical, and healthcare industries. Renowned for its extensive portfolio, the company specializes in offering innovative laboratory products, analytical instruments, and software solutions critical for research, diagnostics, and clinical applications. Thermo Fisher enables scientists to perform complex experiments with cutting-edge technology, from DNA sequencing and cell analysis to clinical diagnostics and specialty chemicals. Serving a vast array of sectors, the company impacts fields such as diagnostics, genetic engineering, and environmental monitoring. Its strategic acquisitions and collaborations strengthen its market presence, making it a go-to partner for scientific advancements and innovation. With operations spanning over 50 countries, Thermo Fisher plays a pivotal role in driving scientific discovery and improving health outcomes globally.

Exchange NYSE Industry Diagnostics & Research Company website ↗

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