Revvity, Inc., formerly known as PerkinElmer, Inc., is a company that specializes in the development and marketing of measuring devices and analytical instruments.
These products are used in various sectors such as healthcare, environmental, scientific research, industrial, and food industries.
The company's net sales are primarily driven by medical diagnostic devices, which account for 61% of total sales, while analytical devices and instruments contribute 39%.
In terms of geographical distribution, the majority of Revvity's sales come from the United States, representing 46.7% of total sales.
China follows with 14.4%, the United Kingdom with 4.1%, and other regions make up the remaining 34.8%.
UBS has maintained a neutral stance on the company due to the competitive landscape in the analytical instruments market.