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REVVITY INC

94.84

-5.9100-5.87%

Post-market: 94.00-0.8400-0.89%19:34 EDT

Volume:2.11M

Turnover:201.21M

Market Cap:11.39B

PE:43.17

High:99.00

Open:98.85

Low:93.54

Close:100.75

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Overview Company News Filings

Revvity's Valuation Seen Fair on Medium-Term Setup -- Market Talk

UBS Raises Revvity Price Target to $145 From $140, Maintains Neutral Rating

MT Newswires Live

Raymond James Adjusts Price Target on Revvity to $146 From $144, Maintains Outperform Rating

MT Newswires Live

Revvity Inc : Bernstein Cuts Target Price to $145 From $150

THOMSON REUTERS

Revvity price target lowered to $145 from $150 at Bernstein

Revvity Is Maintained at Outperform by Baird

Revvity Third Quarter 2024 Earnings: EPS Beats Expectations

Simply Wall St.

Revvity Inc (RVTY) Q3 2024 Earnings Call Highlights: Strong EPS and Cash Flow Amid Market Challenges

Q3 2024 Revvity Inc Earnings Call

Thomson Reuters StreetEvents

Revvity Inc. Stock Outperforms Competitors On Strong Trading Day

RVTY Q3 Earnings & Revenues Beat Estimates, Guidance Revised

Evercore ISI Adjusts Price Target on Revvity to $134 From $132

MT Newswires Live

Revvity Inc reports results for the quarter ended in September 30 - Earnings Summary

Stock Track | Revvity Stock Surges 5% as Q3 Earnings Beat Estimates on Robust Diagnostics Growth

BUZZ-Revvity falls after cutting 2024 revenue forecast

Revvity cuts 2024 revenue forecast amid biotech spending slowdown

Revvity Shares Down 1.7% Premarket After Co Lowers FY Revenue Forecast

THOMSON REUTERS

Revvity (RVTY) Surpasses Q3 Earnings and Revenue Estimates

Revvity's Q3 Adjusted Earnings, Revenue Rise; Updates 2024 Outlook

MT Newswires Live

Revvity Inc (RVTY) Q3 2024 Earnings: Revenue Hits $684M, GAAP EPS Soars to $0.77, Surpassing Estimates

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The provider of research-and-discovery, testing and other services to the medical industry also posted a mixed revenue performance as consumer spending on instruments continues to be constrained, particularly in China. Still, the analysts say they remain constructive on the medium-term setup at the current valuation. Shares rise 0.5% to $125.38. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RVTY","BK4121","BK4585","BK4588"],"gpt_icon":0},{"id":"2481368272","title":"UBS Raises Revvity Price Target to $145 From $140, Maintains Neutral Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2481368272","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481368272?lang=en_us&edition=fundamental","pubTime":"2024-11-06 00:31","pubTimestamp":1730824283,"startTime":"0","endTime":"0","summary":"Revvity (RVTY) has an average outperform rating and price target range of $120 to $162.17, according to analysts polled by Capital IQ.Price: 123.65, Change: -1.17, Percent Change: -0.94","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["RVTY"],"gpt_icon":0},{"id":"2481685379","title":"Raymond James Adjusts Price Target on Revvity to $146 From $144, Maintains Outperform Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2481685379","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481685379?lang=en_us&edition=fundamental","pubTime":"2024-11-05 23:07","pubTimestamp":1730819231,"startTime":"0","endTime":"0","summary":"Revvity (RVTY) has an average outperform rating and price target range of $120 to $162.17, according to analysts polled by Capital IQ.(MT Newswires covers equity, commodity and economic research from ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["RVTY","RJF"],"gpt_icon":0},{"id":"2481375506","title":"Revvity Inc : Bernstein Cuts Target Price to $145 From $150","url":"https://stock-news.laohu8.com/highlight/detail?id=2481375506","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481375506?lang=en_us&edition=fundamental","pubTime":"2024-11-05 21:00","pubTimestamp":1730811641,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241105:nFWN3MC1HR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4121","BK4585","RVTY","BK4588"],"gpt_icon":0},{"id":"2481483503","title":"Revvity price target lowered to $145 from $150 at Bernstein","url":"https://stock-news.laohu8.com/highlight/detail?id=2481483503","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481483503?lang=en_us&edition=fundamental","pubTime":"2024-11-05 20:40","pubTimestamp":1730810419,"startTime":"0","endTime":"0","summary":"Bernstein lowered the firm’s price target on Revvity (RVTY) to $145 from $150 and keeps an Outperform rating on the shares. The firm says that its ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/revvity-price-target-lowered-to-145-from-150-at-bernstein?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/revvity-price-target-lowered-to-145-from-150-at-bernstein?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4588","RVTY","BK4585","BK4121"],"gpt_icon":0},{"id":"2481857017","title":"Revvity Is Maintained at Outperform by Baird","url":"https://stock-news.laohu8.com/highlight/detail?id=2481857017","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481857017?lang=en_us&edition=fundamental","pubTime":"2024-11-05 20:17","pubTimestamp":1730809020,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/RVTY/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 05, 2024 07:17 ET (12:17 GMT)","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RVTY"],"gpt_icon":0},{"id":"2481573654","title":"Revvity Third Quarter 2024 Earnings: EPS Beats Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2481573654","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481573654?lang=en_us&edition=fundamental","pubTime":"2024-11-05 18:18","pubTimestamp":1730801910,"startTime":"0","endTime":"0","summary":"NYSE:RVTY Earnings and Revenue Growth November 5th 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue was in line with analyst estimates. Earnings per share  surpassed analyst estimates by 55%.Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Life Sciences industry in the US.The company's shares are up 6.2% from a week ago.Don't forget that there may still be risks. For instance, we've identified   1 warning sign for Revvity  that you should be aware of.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/revvity-third-quarter-2024-earnings-101830844.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RVTY"],"gpt_icon":0},{"id":"2481541914","title":"Revvity Inc (RVTY) Q3 2024 Earnings Call Highlights: Strong EPS and Cash Flow Amid Market Challenges","url":"https://stock-news.laohu8.com/highlight/detail?id=2481541914","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481541914?lang=en_us&edition=fundamental","pubTime":"2024-11-05 15:02","pubTimestamp":1730790125,"startTime":"0","endTime":"0","summary":"Total Adjusted Revenue: $684 million in Q3, 2% organic growth.Adjusted Operating Margin: 28.3%, up 80 basis points year-over-year.Free Cash Flow: $135 million in Q3, 100% conversion to adjusted net income year-to-date.Share Repurchase: $154 million worth of shares repurchased in Q3.Life Sciences Segment Revenue: $301 million, 3% organic decline.Diagnostics Segment Revenue: $383 million, 5% organic growth.Full Year Organic Growth Outlook: 0% to 1%.Full Year Revenue Outlook: $2.75 billion to $2.77 billion.Full Year Adjusted EPS Guidance: $4.83 to $4.87.Full Year Free Cash Flow Expectation: Approximately $550 million.GuruFocus has detected 9 Warning Sign with RVTY.Revvity Inc  generated $135 million of free cash flow in the quarter, achieving a 100% conversion to adjusted net income year-to-date.The company adjusted its full-year organic growth outlook to a range of 0% to 1%, down from previous assumptions.Q: Given the current environment, is 4% to 5% organic growth a reasonable starting ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/a3BxNqGkJah33NyPmbkA_g--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/62d42e8a1a40d03ee690f20a595be88a","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/a3BxNqGkJah33NyPmbkA_g--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/62d42e8a1a40d03ee690f20a595be88a"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/revvity-inc-rvty-q3-2024-070205952.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RVTY"],"gpt_icon":0},{"id":"2481548296","title":"Q3 2024 Revvity Inc Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2481548296","media":"Thomson Reuters StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481548296?lang=en_us&edition=fundamental","pubTime":"2024-11-05 13:55","pubTimestamp":1730786142,"startTime":"0","endTime":"0","summary":"Prahlad Singh; President, Chief Executive Officer, Director; Revvity Inc. Maxwell Krakowiak; Chief Financial Officer, Senior Vice President; Revvity Inc. Hello, everyone, and welcome to Revvity's third quarter 2024 earnings conference call. My name is Lydia, and I will be your operator today.  I'll now hand you over to Steve Willoughby, Head of Investor Relations, to begin. Please go ahead.Thank you, Steve, and good morning, everyone. Revvity's strong execution was again on display during the third quarter, which enabled our total revenue, adjusted operating margin and adjusted EPS to each come in better than we had anticipated. Our strong execution led to our adjusted operating margins increasing by 80 basis points year-over-year to 28.3 in the quarter, which shows the positive impact our productivity initiatives are having on our cost base and incrementals. We also had another great quarter from a cash perspective as well. We generated","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q3-2024-revvity-inc-earnings-055542298.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RVTY"],"gpt_icon":0},{"id":"2481565595","title":"Revvity Inc. Stock Outperforms Competitors On Strong Trading Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2481565595","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481565595?lang=en_us&edition=fundamental","pubTime":"2024-11-05 06:14","pubTimestamp":1730758440,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Revvity Inc.  advanced 3.12% to $124.82 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index  falling 0.28% to 5,712.69 and Dow Jones Industrial Average  falling 0.61% to 41,794.60.This was the stock's second consecutive day of gains.Revvity Inc. closed $3.33 below its 52-week high , which the company reached on July 31st.The stock outperformed some of its competitors Monday, as Danaher Corp.  fell 0.23% to $247.18, IDEXX Laboratories Inc.  fell 0.66% to $414.52, and Agilent Technologies Inc.  rose 2.03% to $139.65.Trading volume  eclipsed its 50-day average volume of 683,938.Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RVTY"],"gpt_icon":0},{"id":"2481556585","title":"RVTY Q3 Earnings & Revenues Beat Estimates, Guidance Revised","url":"https://stock-news.laohu8.com/highlight/detail?id=2481556585","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481556585?lang=en_us&edition=fundamental","pubTime":"2024-11-05 01:37","pubTimestamp":1730741820,"startTime":"0","endTime":"0","summary":"Revvity, Inc.RVTY reported third-quarter 2024 adjusted earnings per share  of $1.28, which beat the Zacks Consensus Estimate of $1.13 by 13.3%. The bottom line improved 8.5% from the year-ago quarter’s level.GAAP EPS from continuing operations was 76 cents compared with 26 cents in the prior-year period. However, GAAP EPS in the reported quarter was 77 cents, which includes a loss of 1 cent per share from discontinued operations.Based in Waltham, MA, this leading MedTech company reported revenues of $684 million, up 2% year over year as well as organically. The top line surpassed the Zacks Consensus Estimate by 9.4%.Revvity reports under two operating segments — Life Sciences and Diagnostics.Life Sciences. Adjusted operating income amounted to $102.9 million, down 9.8% from the prior-year quarter.Adjusted operating income amounted to $101.4 million, up 24.1% from the year-ago quarter’s figure.Some better-ranked stocks in the broader medical space areAddus HomeCareADUS, Quest Diagnostic","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/_aMgtCHWD_AcEvdCSVRbpA--~B/aD00NDU7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/62a1df11c94046acffed2654620317fb","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/_aMgtCHWD_AcEvdCSVRbpA--~B/aD00NDU7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/62a1df11c94046acffed2654620317fb"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/rvty-q3-earnings-revenues-beat-173700603.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["DGX","RVTY","ADUS"],"gpt_icon":0},{"id":"2480538541","title":"Evercore ISI Adjusts Price Target on Revvity to $134 From $132","url":"https://stock-news.laohu8.com/highlight/detail?id=2480538541","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480538541?lang=en_us&edition=fundamental","pubTime":"2024-11-04 23:55","pubTimestamp":1730735729,"startTime":"0","endTime":"0","summary":"Revvity (RVTY) has an average rating of outperform and price targets ranging from $120 to $162.17, according to analysts polled by Capital IQ.(MT Newswires covers equity, commodity and economic resear","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["RVTY"],"gpt_icon":0},{"id":"2480587848","title":"Revvity Inc reports results for the quarter ended in September 30 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2480587848","media":"Reuters","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480587848?lang=en_us&edition=fundamental","pubTime":"2024-11-04 23:19","pubTimestamp":1730733590,"startTime":"0","endTime":"0","summary":"* Revvity Inc    reported quarterly adjusted earnings of $1.28 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.18.  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Revvity's revenue also beat expectations, coming in at $684 million, compared to the consensus estimate of $679.7 m","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["RVTY"],"gpt_icon":0},{"id":"2480143300","title":"BUZZ-Revvity falls after cutting 2024 revenue forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2480143300","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480143300?lang=en_us&edition=fundamental","pubTime":"2024-11-04 21:06","pubTimestamp":1730725609,"startTime":"0","endTime":"0","summary":"** Shares of medical equipment maker Revvity    fall ~1.6% to $119.05 premarket   ** The company expects annual revenue between $2.75 bln and $2.77 bln, down from its previous forecast of $2.77 bln to $2.79 bln   ** Q3 revenue from RVTY's Life Sciences segment was $301 mln, missing analysts' expectation of $306.15 mln - data compiled by LSEG   ** It reports Q3 adjusted profit of $1.28/share vs analysts' average estimate of $1.13/share   ** Favorable margins and lower tax rate enabled the profit beat - TD Cowen analysts   ** Up to last close, stock up 10.7% YTD    ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RVTY"],"gpt_icon":0},{"id":"2480307660","title":"Revvity cuts 2024 revenue forecast amid biotech spending slowdown","url":"https://stock-news.laohu8.com/highlight/detail?id=2480307660","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480307660?lang=en_us&edition=fundamental","pubTime":"2024-11-04 20:52","pubTimestamp":1730724763,"startTime":"0","endTime":"0","summary":"Nov 4 (Reuters) - Revvity    cut its 2024 revenue forecast as reduced biotech spending and a strong dollar weigh on demand for its tools and services used in drug development.       The diagnostic pro","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RVTY"],"gpt_icon":0},{"id":"2480304439","title":"Revvity Shares Down 1.7% Premarket After Co Lowers FY Revenue Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2480304439","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480304439?lang=en_us&edition=fundamental","pubTime":"2024-11-04 20:20","pubTimestamp":1730722845,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241104:nL6N3MB08S:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["RVTY","BK4588","BK4121","BK4585"],"gpt_icon":0},{"id":"2480583813","title":"Revvity (RVTY) Surpasses Q3 Earnings and Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2480583813","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480583813?lang=en_us&edition=fundamental","pubTime":"2024-11-04 20:10","pubTimestamp":1730722206,"startTime":"0","endTime":"0","summary":"Revvity  came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.27%. A quarter ago, it was expected that this maker of scientific instruments would post earnings of $1.13 per share when it actually produced earnings of $1.22, delivering a surprise of 7.96%.Revvity , which belongs to the Zacks Medical Services industry, posted revenues of $684.05 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.95%. This compares to year-ago revenues of $670.74 million. The company has topped consensus revenue estimates two times over the last four quarters.Revvity shares have added about 10.7% since the beginning of the year versus the S&P 500's gain of 20.1%.While Revvity has underperformed the market so far this year, the question that come","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/gUf3JPAiwp3PVjuDKftvaA--~B/aD04NDU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/26a86d59f0e8f1e82a35a92ae5684cd9","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/gUf3JPAiwp3PVjuDKftvaA--~B/aD04NDU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/26a86d59f0e8f1e82a35a92ae5684cd9"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/revvity-rvty-surpasses-q3-earnings-121006095.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["RVTY"],"gpt_icon":0},{"id":"2480306712","title":"Revvity's Q3 Adjusted Earnings, Revenue Rise; Updates 2024 Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2480306712","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480306712?lang=en_us&edition=fundamental","pubTime":"2024-11-04 19:40","pubTimestamp":1730720415,"startTime":"0","endTime":"0","summary":"Revvity  reported Q3 adjusted earnings Monday of $1.28 per diluted share, up from $1.18 a year earlier.Analysts polled by Capital IQ expected $1.13.Revenue for the quarter ended Sept. 29 was $684 million, up from $670.7 million a year earlier.Analysts polled by Capital IQ expected $679.9 million.For full-year 2024, the company raised its adjusted EPS guidance to now be between $4.83 and $4.87 from the prior outlook of between $4.70 and $4.80. Analysts polled by Capital IQ expect $4.75.Meanwhile, revenue outlook for the year was lowered to be in the range of $2.75 billion to $2.77 billion from the prior outlook range of $2.77 billion to $2.79 billion. Analysts surveyed by Capital IQ expect $2.78 billion.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["RVTY"],"gpt_icon":0},{"id":"2480046033","title":"Revvity Inc (RVTY) Q3 2024 Earnings: Revenue Hits $684M, GAAP EPS Soars to $0.77, Surpassing Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2480046033","media":"GuruFocus","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2480046033?lang=en_us&edition=fundamental","pubTime":"2024-11-04 19:31","pubTimestamp":1730719909,"startTime":"0","endTime":"0","summary":"On November 4, 2024, Revvity Inc (RVTY, Financial) released its 8-K filing detailing the financial results for the third quarter of 2024. The company, known for providing instruments, tests, 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