PerkinElmer 2nd qtr profit rises, keeps full year forecast

Thu Aug 2, 2012 4:15pm EDT

Aug 2 (Reuters) - PerkinElmer Inc on Thursday reported second quarter profit rose 15 percent as solid demand for its scientific and environmental products in the United States and emerging markets offset declines in Europe.

The maker of scientific instruments, medical testing equipment and environmental safety monitoring products, posted a net profit from continuing operations of $33.6 million, or 29 cents per share, compared with a profit of $29.1 million, or 26 cents per share, a year ago.

Bucking a trend seen with some of its peers that had to pull back on full year forecasts, PerkinElmer maintained its 2012 outlook for earnings of $2.00 to $2.05 per share, excluding items, and organic revenue growth in mid-single digit range.

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