Categories AlphaGraphs, Earnings, Industrials

Earnings: Danaher Corporation (DHR) Q1 2023 sales and profit decline

Danaher Corporation (NYSE: DHR), a provider of industrial and medical products, reported lower sales and net profit for the first quarter of 2023.

Danaher Corporation Q1 2023 earnings infographic

The first quarter net income was $1.43 billion, or $1.94 per share, compared to $1.68 billion or $2.31 per share in the same period of last year. Adjusted earnings decreased 14% year-over-year to $2.36 per share.

The bottom line was hurt by a 7% fall in net sales to $7.2 billion, mainly due to lower sales in the Diagnostics and Biotechnology segments.

Prior Performance

  • Danaher Corporation Q4 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Important takeaways from Broadcom’s (AVGO) Q4 2023 earnings

Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) ended fiscal 2023 on a positive note, delivering strong results for the fourth quarter. In the new fiscal year, the company’s focus will be

Here’s what Signet Jewelers (SIG) expects for the holiday season and beyond

Shares of Signet Jewelers Limited (NYSE: SIG) were down over 2% on Friday. The stock has gained 40% year-to-date and 27% over the past three months. The jewelry retailer saw

DOCU Earnings: DocuSign Q3 2024 revenue up 9%; profit beats estimates

eSignature service provider DocuSign, Inc. (NASDAQ: DOCU) reported higher revenues and better-than-expected adjusted earnings for the third quarter of 2024. The company also provided guidance for the fourth quarter and

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top