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Thermo Fisher Scientific’s 1Q18 Net Income Up 5%, Tops Estimate

Thermo Fisher Scientific’s 1Q18 Net Income Up 5%, Tops Estimate

Thermo Fisher Scientific (TMO) released its 1Q18 earnings results on April 25, 2018. It registered robust sales, exceeding estimates. It posted net income of $579 million, or $1.43 per share, registering YoY (year-over-year) growth of ~5%. Its adjusted EPS (earnings per share) was $2.50, representing YoY growth of ~20% and coming in ahead of analysts’ estimate of $2.40.