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NEW YORK (GenomeWeb) – Thermo Fisher Scientific today reported an 8 percent increase in fourth quarter revenues, driven by growth across its four business segments.

The company, headquartered in Waltham, Massachusetts, reported Q4 revenues of $6.51 billion, up 8 percent from $6.05 billion in Q4 of 2017 and beating the consensus analyst estimate of $6.23 billion. Organic revenue grew 8 percent, while acquisitions drove revenue up by 1 percent and currency effects decreased revenue by 2 percent.

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