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Thermo Fisher Scientific’s 1Q18 Sales Beat Estimates, Stock Up

Thermo Fisher Scientific’s 1Q18 Sales Beat Estimates, Stock Up

On April 25, Thermo Fisher Scientific (TMO) announced its earnings results for 1Q18, which ended on March 31. Its revenues grew ~23% to ~$5.9 billion YoY (year-over-year). The sales results came in ahead of analysts’ estimate of ~$5.6 billion.