With Merger Two Weeks Away, Thermo and Fisher Post Q3 Revenue Gains, Though Thermo's Profit Slides | GenomeWeb
With their impending merger two weeks away, Thermo Electron and Fisher Scientific this week reported strong third-quarter revenue growth, though Thermo’s profits slid 15 percent while Fisher’s surged 62 percent.
 
For the quarter ended Sept. 30, Thermo said revenues grew 7 percent to $725 million, compared to $679 million a year ago. Net income dropped 15.4 percent to $49 million from $58 million a year ago, which included a $17 million gain on disposal of discontinued operations.
 

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