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Thermo Fisher reports drop in quarterly profit

Credit: REUTERS/YVES HERMAN

Thermo Fisher Scientific Inc reported a 1.6% fall in quarterly profit on Wednesday, due to a sharp rise in expenses.

Oct 27 (Reuters) - Thermo Fisher Scientific Inc TMO.N reported a 1.6% fall in quarterly profit on Wednesday, due to a sharp rise in expenses.

The company's net income fell to $1.90 billion, or $4.79 per share, for the third quarter ended Oct. 2, from $1.93 billion, or $4.84 per share, a year earlier.

(Reporting by Mrinalika Roy in Bengaluru; Editing by Shailesh Kuber)

((mrinalika.roy@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 806749 8325;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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