Categories AlphaGraphs, Earnings, Technology

DHR Earnings: Danaher Corporation Q3 2023 sales and profit decline

Technology company Danaher Corporation (NYSE: DHR) Tuesday announced financial results for the third quarter of 2023, reporting lower sales and net profit.

Danaher Corporation Q3 2023 earnings infographic

Third-quarter net income was $1.13 billion, or $1.51 per share, compared to $1.55 billion or $2.10 per share in the same period of last year. Adjusted earnings dropped 21% annually to $2.02 per share.

The weak earnings performance reflects an 11% decrease in third-quarter revenues to $6.87 billion, mainly due to lower sales in the Diagnostics and Biotechnology segments.

Prior Performance

  • Danaher Corporation Q4 2022 earnings infographic

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