Thermo Fisher Shares Jump on Q2 Beat, Guidance Raise and Buybacks
Thermo Fisher Scientific Inc. shares climbed roughly 9.0% in morning trading after the company posted second-quarter revenue of $11.99 billion and adjusted EPS of $6.03, topping Wall Street forecasts and raising full-year guidance. Robust bioproduction and biopharma services results, together with $1.0 billion in buybacks, helped reverse recent los…