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Monday, March 9, 2020

PerkinElmer cuts views due to coronavirus outbreak

Citing “significant” deterioration in demand in China last month from COVID-19-related commercial disruptions, PerkinElmer (NYSE:PKI) expects Q1 and 2020 revenue to be below guidance of $700M and $3.05B-3.09B, respectively.
It will provide additional updates during its Q1 earnings call on Tuesday, May 5, after the close.

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