Healthcare and life sciences firm PerkinElmer has grown its top line by 14% to $479.5m during its second fiscal quarter, but has seen its profit half to $28.6m. The dip in income was mainly due to a pre-tax gain of $25.6m during last year's Q2, related to the purchase of the remaining stake in a joint venture with Danaher's AB Sciex business. Adjusted earnings were up 27% during the most recent quarter, to $0.42 per share.
The results beat analysts' expectations – they had predicted revenues of $477.6m and earnings of $0.40 per share.
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