Business
Jan 12, 2026 · tact.cgkik.top

Revvity says it will exceed 2025 profit forecast range

Jan 12 (Reuters) - Revvity said on Monday it expects ​its 2025 adjusted profit per ‌share to exceed its forecast of $4.90 ‌to $5, as the medical equipment maker benefits from renewed demand for contract research and diagnostics ⁠services.

The company's ‌shares were up nearly 6% in extended trading.

Pharmaceutical ‍companies have ramped up drug development in the U.S. amid evolving ​trade policies under President Donald ‌Trump.

Revvity said it expects to report fourth-quarter revenue of around $772 million, above Wall Street estimates of $760.3 million, according to ⁠data compiled by ​LSEG.

It also expects ​annual revenue to grow 4% to $2.86 billion, above estimates ‍of $2.84 billion.

The ⁠company will report its fourth-quarter and full year 2025 ⁠results on February 2.

(Reporting by Puyaan ‌Singh in Bengaluru; Editing ‌by Leroy Leo)

You Might Also Like

News

Israel says Iran's military industry will be destroyed 'within days'

News

CNN Crew Detained and Journalist Put in Chokehold in IDF Run-In: ‘We’re Journalists. What Are You Doing?!’

News

Potential Houthi threat to Red Sea shipping could further damage global economy

News

Mexican Woman Accused of Assaulting Partner With Belt After He Refused Sex, Police Say