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Revvity (RVTY) investor relations material
Revvity Citi Annual Global Healthcare Conference 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Market environment and business trends
Activity is increasing, especially in scientific instrumentation and life sciences platforms, with a normal seasonal uplift observed from Q3 to Q4 rather than a budget flush.
Ex-China markets are performing strongly, with notable growth in immunodiagnostics and a $60 million uplift from Q3 to Q4 driven by diagnostics contracts and seasonal trends.
FX tailwinds were less than expected, reducing absolute revenue by $5–7 million, though with minimal EPS impact.
Pharma biotech is showing early signs of normalization, with increased M&A activity and more certainty in the operating environment expected to drive growth over the next few quarters.
Academia and government segments saw modest impact from shutdowns, but these represent a small portion of total revenue.
Reagents and instrumentation
Reagents business is recovering, with pharma biotech demand normalizing and opportunities to gain market share amid industry uncertainty.
Instrumentation is experiencing increased activity, especially in high-content screening, indicating renewed pharma biotech investment.
China remains a growth driver for life sciences, particularly in CRO activity, with business returning to normal post-reshoring.
Software and AI initiatives
Software business has exceeded growth guidance, driven by customer engagement, a large installed base, and investments in machine learning and AI.
SaaS now represents about 33–35% of software revenue, with growth expected to stabilize as this share increases.
New product launches, such as BioDesign and AI-focused NPIs, are expected to drive future software growth, expanding into large molecule and biomolecule markets.
AI is being integrated across products, enterprise operations, and quality governance, enhancing automation and efficiency.
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