Thermo Fisher: Q2 Earnings Snapshot

WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Thermo Fisher Scientific Inc. (TMO) on Thursday reported second-quarter profit of $1.74 billion.

The Waltham, Massachusetts-based company said it had net income of $4.68 per share. Earnings, adjusted for one-time gains and costs, came to $6.03 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $5.71 per share.

The maker of scientific instrument and laboratory supplies posted revenue of $11.99 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $11.68 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TMO at https://www.zacks.com/ap/TMO