Thermo Fisher posts 5% higher sales in Q4

2019 11 08 01 30 1068 Thermo Fisher Amp 2019 V3 400

Lab and scientific instruments manufacturer Thermo Fisher Scientific posted revenues for the fourth quarter of 2019 that were up 4.9%, while net income also grew.

For the period (end-December 31), Thermo Fisher reported revenues of $6.829 billion, compared with sales of $6.507 billion in the fourth quarter of 2018. The company's net income for the period was $1.002 billion, compared with $898 million in the same quarter of 2018.

For the full year, Thermo Fisher recorded revenues of $25.542 billion, up 4.9% compared with sales of $24.358 billion in 2018. Net income for the most recent year was $3.696 billion, compared with net income of $2.938 billion the year before.

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