TMO
Published on 04/23/2026 at 06:29 am EDT
By Nicholas G. Miller
Thermo Fisher Scientific posted higher first-quarter profit and revenue.
The company reported net income of $1.65 billion, or $4.43 a share, up from $1.51 billion, or $3.98 a share, the year prior.
Adjusted earnings were $5.44 a share. Analysts polled by FactSet expected $5.25 a share.
Revenue rose 6% to $11.01 billion. Wall Street expected $10.86 billion. Organic revenue growth was 1%.
Last month, the company completed its $8.88 billion acquisition of Clario, a provider of data solutions for clinical trials.
Write to Nicholas G. Miller at [email protected].
(END) Dow Jones Newswires
04-23-26 0628ET