Solid Organic Growth
Revvity achieved 4% organic growth in Q1 2025, in line with expectations, driven by diagnostics and software segments.
Strong Diagnostics Performance
The Diagnostics segment grew 5% organically, supported by the resilient newborn screening and immunodiagnostics businesses.
Signals Software Business Success
Signals Software grew over 20% organically in Q1, with expectations for even stronger growth in Q2, positioning it for another year of strong double-digit growth.
Share Buyback Program
Revvity repurchased $154 million of its shares in Q1, resulting in a 6% decline in total shares outstanding since mid-2023.
Innovations and New Collaborations
Revvity expanded its alliance with Genomics England for newborn genomic sequencing and secured FDA approval for an automated TB testing platform.
Robust Cash Flow Management
The company delivered 97% free cash flow conversion of adjusted net income in Q1.