PerkinElmer Announces 122% Rise In Q4 Profit

(RTTNews) - PerkinElmer (PKI) reported a profit for its fourth quarter that rose from last year.

The company said its bottom line totaled $68.25 million, or $0.61 per share. This was up from $30.79 million, or $0.27 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 0.0% to $608.12 million. This was down from $608.39 million last year.

PerkinElmer earnings at a glance:

-Earnings (Q4): $68.25 Mln. vs. $30.79 Mln. last year. -Earnings Growth (Y-o-Y): 121.7% -EPS (Q4): $0.61 vs. $0.27 last year. -EPS Growth (Y-o-Y): 125.9% -Revenue (Q4): $608.12 Mln vs. $608.39 Mln last year. -Revenue Change (Y-o-Y): 0.0%

-Guidance: Full year EPS guidance: $2.65 - $2.75