Thermo Fisher Scientific Inc

TMO: XNYS (USA)
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Thermo Fisher Earnings: Guidance Raised on Improving Customer Activity; Shares Fairly Valued

Thermo Fisher Scientific delivered solid second-quarter results. Sales were up 5% organically while adjusted operating margin improved by 90 basis points year over year, in line with our forecasts. Shares were up 10% in early July 23 trading after beating FactSet consensus estimates.

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