Revvity, Inc. Q4 Profit Increases, Beats Estimates

(RTTNews) - Revvity, Inc. (RVTY) announced a profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $94.65 million, or $0.78 per share. This compares with $78.56 million, or $0.64 per share, last year.

Excluding items, Revvity, Inc. reported adjusted earnings of $1.42 per share for the period.

Analysts on average had expected the company to earn $1.38 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.8% to $729.37 million from $695.90 million last year.

Revvity, Inc. earnings at a glance (GAAP) :

-Earnings: $94.65 Mln. vs. $78.56 Mln. last year. -EPS: $0.78 vs. $0.64 last year. -Revenue: $729.37 Mln vs. $695.90 Mln last year.