These Analysts Revise Their Forecasts On Revvity Following Q3 Results

Revvity, Inc. (NYSE:RVTY) reported better-than-expected third-quarter earnings on Monday.

The company posted quarterly earnings of $1.28 per share which beat the analyst consensus estimate of $1.13 per share. The company reported quarterly sales of $684.05 million which beat the analyst consensus estimate of $679.65 million.

Revvity also authorized a new $1 billion share repurchase program.

“We performed well during the third quarter with a return to positive revenue growth, strong margins, and another period of excellent cash flow,” said Prahlad Singh, president and ...