Thermo Fisher Scientific (TMO) Tops Q3 EPS by $1.32, Revenues Beat
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Thermo Fisher Scientific Reports Third Quarter 2020 Results
October 21, 2020 6:00 AM EDTWALTHAM, Mass., Oct. 21, 2020 /PRNewswire/ --Â Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today reported its financial results for the third quarter ended September 26, 2020.
Third Quarter 2020 Highlights
Third quarter revenue increased 36% to $8.52 billion. Third quarter GAAP diluted earnings per share (EPS) increased 157% to $4.84. Third quarter adjusted EPS increased 91% to $5.63.Generated $2.0 billion of COVID-19 related revenue in the quarter and returned the base business to growth. Further expanded our global pandemic response, including launching the Amplitude Solution to automate... More