-DD +LSD +LSD -MSD $0.7 B +MSD $0.7 B $0.7 B -LSD -LSD 4 5 $314 M 2Q24 revenue -HSD -LDD +DD + DD + DD - HSD • +High-teens software growth driven by continued SaaS momentum in both new bookings and renewal rates + LSD Reconciliations to the most directly comparable GAAP measure for the non-GAAP terms presented above are provided on our website and in this hyperlink Earnings Safe Harbor In addition to financial measures prepared in accordance with generally accepted accounting principles (GAAP), this present ...

Revvity (RVTY) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the ear ...

FOR IMMEDIATE RELEASE July 29, 2024 • Revenue of $692 million; (2)% reported growth; (1)% organic growth • GAAP EPS of $0.45; Adjusted EPS from continuing operations of $1.22 • Raises full year 2024 adjusted EPS guidance Adjusted earnings per share from continuing operations for the quarter was $1.22, as compared to $1.21 in the same period a year ago. Adjusted revenue for the quarter was $692 million, as compared to $709 million in the same period a year ago. Adjusted operating income was $199 million, as ...

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Revvity? Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- ...

This maker of scientific instruments has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 6.48%. With this earnings history in mind, recent estimates have been moving higher for Revvity. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. ...

Bionano has entered into a software marketing agreement with Revvity, Inc. (Revvity) under which Revvity will market and commercialize Bionano's VIA™ software to Revvity's next generation sequencing (NGS) customers as part of its newborn sequencing research workflow VIA is expected to enhance Revvity's newborn sequencing solution by adding an assessment of copy number variation (CNV) to the NGS solution report and streamlining the workflow's interpretation capabilities Revvity's end-to-end workflow includes ...

Revvity, Inc. (RVTY) is well-poised for growth in the coming quarters, courtesy of its strong product portfolio. The optimism, led by its first-quarter 2024 performance and focus on artificial intelligence (AI), also looks promising. Headwinds resulting from foreign exchange volatility and integration risks are major downsides. This Zacks Rank #3 (Hold) company's shares have risen 0.4% year to date compared with 2.4% growth of the industry.The S&P 500 has increased 11.6% during the same time frame. The reno ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ FORM 10-Q _______________________________________ (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ☑ EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 001-5075 ...

Revvity, Inc. (RVTY) reported first-quarter 2024 adjusted earnings per share (EPS) of 98 cents, which beat the Zacks Consensus Estimate of 94 cents by 4.3%. However, the bottom line declined 2.9% from the year-ago quarter’s level.GAAP EPS from continuing operations was 23 cents compared with 20 cents in the prior-year period. However, GAAP EPS was 21 cents, which includes a loss of 2 cents per share from discontinued operations.Price PerformanceRVTY’s shares have gained 23.7% in the past six months compared ...

Revvity, Inc. (NYSE:RVTY) Q1 2024 Earnings Conference Call April 29, 2024 8:00 AM ET Company Participants Steve Willoughby - Senior Vice President, Investor Relations Prahlad Singh - President and Chief Executive Officer Max Krakowiak - Senior Vice President and Chief Financial Officer Conference Call Participants Michael Ryskin - Bank of America Matthew Sykes - Goldman Sachs Patrick Donnelly - Citi Andrew Cooper - Raymond James Joshua Waldman - Cleveland Research Doug Schenkel - Wolfe Research Vijay Kumar ...