Thermo Fisher Scientific Reports Strong Earnings But Faces Growth Concerns
Thermo Fisher Scientific (NYSE:TMO) shares fell over 7.5% after reporting earnings and revenue that exceeded estimates, but investors remain concerned about weak organic growth and flat performance in key segments. The company raised its full-year revenue forecast but still fell slightly below analyst expectations.
Tickers: $TMO
Topics: Acquisitions Earnings Organic Growth Outlook Adjustment Revenue Growth Stock Price Movement