PerkinElmer Q2 Profit Soars, Tops Street; Lifts FY10 View

PerkinElmer Inc., a provider of technology, services and solutions to the healthcare industry, reported a rise in profit for the second quarter, driven mainly by higher revenues from Human Health and Environment Health segments. Earnings per share came in ahead of Street estimates, as did revenues. Looking ahead, the company raised its earnings outlook for fiscal 2010, reflecting the strong performance in the first half of the year.