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

Accor signs agreement to transform El Gouna resort as Sofitel

News

IDF begins destroying homes used by Hezbollah as forces move deeper into southern Lebanon

News

Two Israeli infants among wounded by shrapnel in overnight Iranian missile barrage

News

Old video misrepresented as senior Sri Lankan ruling party member criticising president over fuel shortage