End Market Growth, New Acquisitions Drive Thermo Fisher's Shares [Yahoo! Finance]
Thermo Fisher Scientific Inc (TMO)
Last thermo fisher scientific inc earnings: 4/22 06:00 am
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US:NYSE Investor Relations:
ir.thermofisher.com/investors/investor-overview/default.aspx
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Source: Yahoo! Finance
Yet, macroeconomic issues and currency fluctuations dampen growth. The stock carries a Zacks Rank #3 (Hold) at present. Within the pharma and biotech end market, of late, Thermo Fisher's biosciences and bioproduction businesses have significantly expanded their capacity to meet the global vaccine manufacturing requirements. In terms of the newest update, despite the runoff of vaccines and therapy revenues, within this end market, the research and safety market channels, as well as the clinical research business, are contributing to the growth. Within the ‘academic and government' end markets, the company delivered strong growth in its electron microscopy business and research and safety market channel. Also, in ‘industrial and applied' end markets, it grew low-single-digits during the reported quarter, driven by strong growth in its electron microscopy business. Thermo Fisher's business strategy primarily includes expansion through strategic acquisition of technologies and busin
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TMO
Earnings
- 10/23/24 - Beat
TMO
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 144
- 11/8/24 - Form 4
- TMO's page on the SEC website