Thermo Fisher lowers full-year outlook as revenue falls in Q3

cafead

Administrator
Staff member
  • cafead   Oct 25, 2023 at 11:22: AM
via Thermo Fisher Scientific endured another challenging quarter marked by declining revenue, according to its latest earnings report released Wednesday morning.

During Q3, Thermo Fisher’s revenue slid 1% to $10.57 billion, with organic revenue down 3%. Additionally, the company’s COVID-19 testing revenue totaled a mere $50 million, though its core organic revenue growth was 1%.

article source
 

<