earnings
confidence high
sentiment positive
materiality 0.75
Danaher Q2 revenue down 3% to $5.7B, adjusted EPS $1.72 beats expectations
DANAHER CORP /DE/
2024-Q2 EPS reported
$2.68
revenue$11,539,000,000
- Net earnings $907M, GAAP diluted EPS $1.22; non-GAAP adjusted EPS $1.72.
- Revenue $5.7B, down 3.0% YoY; non-GAAP core revenue down 3.5%.
- Operating cash flow $1.4B, free cash flow $1.1B.
- CEO cites sustained momentum in bioprocessing and Cepheid market share gains.
- Q3 and FY 2024 core revenue guided down low-single digits YoY.