Next Score View the next score

    Mass. movers

    PerkinElmer sales fall in first quarter

    PerkinElmer chairman Robert Friel.
    PerkinElmer chairman Robert Friel.

    Waltham’s PerkinElmer Inc. fell after the maker of research and science instruments reported worse-than-expected earnings on weakening product sales and cut its outlook for the year. The company reported net income of $32.2 million, or 28 cents per share, up from $22.6 million, or 19 cents, a year ago. A tax benefit helped earnings in the most recent quarter. Revenue declined to $505.4 million, from $510.9 million, as sales of the company’s environmental health products fell.