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Thermo Fisher Faces $900M Loss Amid Revenue Struggles

4/28/2025

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Summary

Story summary

Thermo Fisher and Danaher are experiencing revenue challenges due to tariffs and NIH funding cuts.
Thermo Fisher anticipates a $400 million loss from tariffs and $500 million from academic and government customers.
Danaher reported a 12% decline in net earnings but upheld its revenue forecasts amid softening U.S. academic demand.
Following the results, Thermo Fisher's stock decreased by 2.4%, while Danaher's rose nearly 7%.

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Story summary

Thermo Fisher and Danaher are experiencing revenue challenges due to tariffs and NIH funding cuts.
Thermo Fisher anticipates a $400 million loss from tariffs and $500 million from academic and government customers.
Danaher reported a 12% decline in net earnings but upheld its revenue forecasts amid softening U.S. academic demand.
Following the results, Thermo Fisher's stock decreased by 2.4%, while Danaher's rose nearly 7%.