Earnings release
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Thermo Fisher SCIENTIFIC FOR IMMEDIATE RELEASE Media Contact Information : Sandy Pound Thermo Fisher Scientific Phone : 781-622-1223 E - mail : sandy.pound@thermofisher.com Investor Contact Information : Rafael Tejada Thermo Fisher Scientific Phone : 781-622-1356 E - mail : rafael.tejada@thermofisher.com Thermo Fisher Scientific Reports Third Quarter 2021 Results Exhibit 99.1 WALTHAM , Mass . ( October 27 , 2021 ) - Thermo Fisher Scientific Inc. ( NYSE : TMO ) , the world leader in serving science , today reported its financial results for the third quarter ended October 2 , 2021 . Third Quarter 2021 Highlights Third quarter revenue increased 9 % to $ 9.33 billion . • Third quarter GAAP diluted earnings per share ( EPS ) was $ 4.79 . • Third quarter adjusted EPS was $ 5.76 . Another quarter of high - impact innovation with a number of product launches , including the Applied Biosystems QuantStudio Absolute Q Digital PCR System to enable advancements in oncology , cell and gene therapy and other research applications , the Thermo Scientific TSQ Plus Triple Quadrupole mass spectrometer ( MS ) portfolio to offer faster throughput and increased sensitivity across a range of applications including biopharma , food safety and environmental analysis , the Thermo Scientific Vanquish Neo UHPLC System and Thermo Scientific PepMap Neo Columns to provide increased sensitivity in low - flow liquid chromatography and designed for use in proteomics , precision medicine and translational research . The company continued to expand capacity and capabilities to better serve customers . Our Pharma Services business brought additional capacity online to support vaccine and therapy production . In South Korea , we opened a Bioprocess Design Center , to advance bioprocessing innovation and collaboration with biopharma customers , and as part of the previously announced strategic partnership with CSL Limited , we assumed operating responsibility of a new state - of - the - art biologics site in Lengnau , Switzerland . Additionally , in partnership with the U.S. Department of Defense , we are building a new manufacturing site in North Carolina to ensure reliable domestic production of pipette tips which are used for liquid handling in research and diagnostic laboratories . Building on our environmental social and governance initiatives and to further enable customers to achieve their own sustainability goals , the company committed to expand use of ACT Label for its entire cold temperature storage portfolio by the end of 2021 . Additionally , the company extended its support of COVID - 19 testing at historically black colleges and