Charles River reports Q2 loss, raises 2026 adjusted EPS and revenue outlook
Filed with the SEC on · Summarized by InvestorsBot
Charles River reported second-quarter 2026 revenue of $1.00 billion for the period ended June 27, down 2.7% year over year, with a GAAP loss of $0.03 per share and non-GAAP EPS of $3.02. The company raised its 2026 organic revenue growth outlook to 0.0%-1.0% from negative 1.5%-0.5% and non-GAAP EPS guidance to $11.15-$11.45, while lowering GAAP EPS guidance to $3.05-$3.35 because of divestiture-related losses; it also repurchased $100 million of stock during the quarter.