Shares of PerkinElmer (PKI +9%) rally after beating on its Q2 EPS target this morning. Net...

|By:, SA News Editor

Shares of PerkinElmer (PKI +9%) rally after beating on its Q2 EPS target this morning. Net earnings increased 13% Y/Y on double-digit revenue growth in its health care business and stronger margins. Revenue from its human health business rose 18%, while its environmental health segment saw an anemic 1.2% increase. Gross margins also rose to 45.8% from 43.7%.