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Thermo Fisher rises after quarterly results beat estimates

ReutersJul 23, 2025 10:10 AM

Shares of medical equipment maker Thermo Fisher TMO.N rise 1.7% to $436.89 premarket

TMO posts Q2 adj. profit of $5.36 per share, beating analysts' estimate of $5.22 per share - data compiled by LSEG

Company reports Q2 revenue of $10.85 billion vs estimates of $10.68 billion

Sales at the company's laboratory products segment, which makes up more than half of its total sales, came in at $5.99 billion vs estimate of $5.79 billion

Up to last close, stock down 17.8% YTD

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