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Stock impact report

Revvity Announces Financial Results for the Third Quarter of 2024

Revvity, Inc. (RVTY) 
Company Research Source: Business Wire
Revenue of $684 million; 2% reported growth; 2% organic growthGAAP EPS of $0.77; Adjusted EPS from continuing operations of $1.28Raises full year 2024 adjusted EPS guidanceAuthorizes new $1 billion share repurchase programTo host Investor Day on November 21st WALTHAM, Mass.--(BUSINESS WIRE)--Revvity, Inc. (NYSE: RVTY), today reported financial results for the third quarter ended September 29, 2024.The Company reported GAAP earnings per share of $0.77, as compared to $0.08 in the same period a year ago. GAAP revenue for the quarter was $684 million, as compared to $671 million in the same period a year ago. GAAP operating income from continuing operations for the quarter was $98 million, as compared to $69 million for the same period a year ago. GAAP operating profit margin from continuing operations was 14.3% as a percentage of revenue, as compared to 10.3% in the same period a year ago.Adjusted earnings per share from continuing operations for the quarter was $1.28, as compared to Show less Read more
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