REVVITY INC
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
RVTY$159.10-1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| June 30,2024 | July 2,2023 | June 30,2024 | July 2,2023 | |
| (In thousands, except per share data) | ||||
| Product revenue | $606,891 | $624,456 | $1,172,646 | $1,216,736 |
| Service revenue | 84,794 | 84,610 | 168,959 | 167,195 |
| Total revenue | 691,685 | 709,066 | 1,341,605 | 1,383,931 |
| Cost of product revenue | 274,669 | 274,566 | 537,192 | 532,467 |
| Cost of service revenue | 31,510 | 32,169 | 63,860 | 67,767 |
| Total cost of revenue | 306,179 | 306,735 | 601,052 | 600,234 |
| Selling, general and administrative expenses | 251,650 | 267,022 | 512,221 | 515,579 |
| Research and development expenses | 48,132 | 57,253 | 98,492 | 113,943 |
| Operating income from continuing operations | 85,724 | 78,056 | 129,840 | 154,175 |
| Interest and other (income) expense, net | (938) | 6,502 | 8,629 | 53,181 |
| Income from continuing operations before income taxes | 86,662 | 71,554 | 121,211 | 100,994 |
| Provision for income taxes | 14,056 | 12,932 | 19,909 | 17,527 |
| Income from continuing operations | 72,606 | 58,622 | 101,302 | 83,467 |
| (Loss) income from discontinued operations | (17,246) | (23,063) | (19,929) | 521,567 |
| Net income | $55,360 | $35,559 | $81,373 | $605,034 |
| Basic earnings per share: | ||||
| Income from continuing operations | $0.59 | $0.47 | $0.82 | $0.66 |
| (Loss) income from discontinued operations | (0.14) | (0.18) | (0.16) | 4.15 |
| Net income | $0.45 | $0.28 | $0.66 | $4.81 |
| Diluted earnings per share: | ||||
| Income from continuing operations | $0.59 | $0.47 | $0.82 | $0.66 |
| (Loss) income from discontinued operations | (0.14) | (0.18) | (0.16) | 4.14 |
| Net income | $0.45 | $0.28 | $0.66 | $4.80 |
| Weighted average shares of common stock outstanding: | ||||
| Basic | 123,354 | 125,215 | 123,391 | 125,745 |
| Diluted | 123,477 | 125,398 | 123,494 | 125,918 |
| Cash dividends declared per common share | $0.07 | $0.07 | $0.14 | $0.14 |
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