Thermo Fisher Q1 revenues up 11%; non-GAAP EPS up 16%; raises 2017 guidance

|About: Thermo Fisher Scientific Inc. (TMO)|By:, SA News Editor

Thermo Fisher Scientific (TMO +4.1%) Q1 results: Revenues: $4,765M (+10.9%); Operating Income: $622.4M (+20.2%); Net Income: $551.4M (+37.1%); EPS: $1.40 (+38.6%); Non-GAAP EPS: $2.08 (+15.6%); Quick Assets: $713.3M (-9.3%); CF Ops: $362.4M (+7.8%).

2017 Guidance: Revenue: $19.51B - 19.71B from $19.38B - 19.62b; Non-GAAP EPS: $9.12 - 9.28 from $9.06 - 9.24.