Categories AlphaGraphs, Earnings, Technology

Earnings: Danaher Corporation (DHR) Q2 2023 sales and profit decline

Technology company Danaher Corporation (NYSE: DHR) reported lower sales and net profit for the second quarter of 2023.

Danaher Corporation Q2 2023 earnings infographic

Second-quarter net income was $1.11 billion, or $1.49 per share, compared to $1.66 billion or $2.25 per share in the same period of last year. Adjusted earnings decreased 25% year-over-year to $2.05 per share.

The bottom line was hurt by an 8% fall in net sales to $7.16 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

Intuit looks to end FY24 on a high note, focused on AI and assisted segment

Intuit Inc. (NASDAQ: INTU), the maker of popular accounting software TurboTax and QuickBooks, has reported better-than-expected third-quarter results and mixed guidance. Currently, the company's investments are focused on data and

A glimpse into Macy’s (M) progress on its Bold New Chapter

Shares of Macy’s, Inc. (NYSE: M) were up over 1% on Friday. The stock has gained 9% over the past one month. Earlier this week, the retailer delivered first quarter

Earnings Summary: BJ’s Wholesale Club (BJ) reports Q1 2024 results

Department store chain BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) has announced results for the first quarter of 2024, reporting an increase in net sales. Q1 earnings, on a per-share basis,

Add Comment
Viewing Highlight