Healthcare
Diagnostics & Research
$200.81B
122K
Key insights and themes extracted from this filing
Total revenues remained relatively flat at $10.598 billion compared to $10.574 billion in the same quarter last year, indicating a slowdown in growth momentum. Product revenues were down slightly while service revenues were up slightly.
Operating income decreased slightly to $1.838 billion from $1.864 billion in the same quarter last year. This indicates some pressure on profitability despite flat revenue.
Net income attributable to Thermo Fisher Scientific Inc. decreased to $1.630 billion from $1.715 billion in the same quarter last year. This represents a decrease in profitability.