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AI English summary of an SEC filing — figures as filed

Thermo Fisher Scientific logoThermo Fisher Scientific TMO

The company said its revenue for Q4 2023 was $10.89 billion, down 5% from $11.45 billion a year earlier, and that Core organic revenue growth declined 4%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its revenue for Q4 2023 was $10.89 billion, down 5% from $11.45 billion a year earlier, and that Core organic revenue growth declined 4%.

  2. Thermo Fisher said its GAAP operating margin for Q4 2023 was 17.0% (16.3% a year earlier), its adjusted operating margin was 23.4% (22.4% a year earlier), and its adjusted EPS was $5.67 ($5.40 a year earlier).

  3. The company said its annual revenue for 2023 was $42.86 billion, down 5% from $44.92 billion a year earlier. It said GAAP operating income was $6.86 billion ($8.39 billion a year earlier) and adjusted EPS was $21.55 ($23.24 a year earlier).

  4. Thermo Fisher gave full-year 2024 guidance of revenue of $42.1 billion to $43.3 billion and adjusted EPS of $20.95 to $22.00. It said it returned $3.5 billion to shareholders through stock buybacks and dividends in 2023.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Thermo Fisher Q4 2023 Revenue $10.89 billion

The company said its revenue for Q4 2023 was $10.89 billion, down 5% from $11.45 billion a year earlier, and that Core organic revenue growth declined 4%.

Source · Based on the filing body and exhibits

Q4 GAAP and Adjusted Operating Margins

Thermo Fisher said its GAAP operating margin for Q4 2023 was 17.0% (16.3% a year earlier), its adjusted operating margin was 23.4% (22.4% a year earlier), and its adjusted EPS was $5.67 ($5.40 a year earlier).

Source · Based on the filing body and exhibits

2023 Full-Year Revenue, Operating Income and EPS

The company said its annual revenue for 2023 was $42.86 billion, down 5% from $44.92 billion a year earlier. It said GAAP operating income was $6.86 billion ($8.39 billion a year earlier) and adjusted EPS was $21.55 ($23.24 a year earlier).

Source · Based on the filing body and exhibits

2024 Outlook and 2023 Capital Deployment

Thermo Fisher gave full-year 2024 guidance of revenue of $42.1 billion to $43.3 billion and adjusted EPS of $20.95 to $22.00. It said it returned $3.5 billion to shareholders through stock buybacks and dividends in 2023.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.