In This Article: WALTHAM, Mass. (AP) - WALTHAM, Mass. (AP) - Thermo Fisher Scientific Inc. (TMO) on Wednesday reported first-quarter earnings of $1.51 billion. The Waltham, Massachusetts-based company said it had profit of $3.98 per share. Earnings, adjusted for one-time gains and costs, came to $5.15 per share. The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $5.10 per share. The maker of scientific instrument and laboratory supplies posted revenue of $10.36 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $10.25 billion. _____ 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
Thermo Fisher is a Massachusetts-based biotech firm that manufactures products such as reagents and scientific instruments for sectors including forensics and pharmaceuticals.