2Mes·

$DHR (+0,77%) | Danaher Q3'24 Earnings Highlights:


🔹 Adj EPS: $1.71 (Est. $1.57) 🟢 

🔹 Revenue: $5.80B (Est. $5.59B) 🟢; UP +3% YoY 

🔹 Net Cash Provided by Operating Activities: $1.5B (Est. $1.27B) 🟢 

🔹 Non-GAAP Free Cash Flow: $1.2B

🔹 Operating Profit: $958M 


Guidance:

🔹 For Q4'24, anticipates non-GAAP core revenue to decline low-single digits YoY 

🔹 For FY'24, continues to expect non-GAAP core revenue to be down low-single digits YoY


CEO Rainer M. Blair's Commentary: 

🔸 "Our team delivered strong third quarter results, including better-than-expected revenue growth. We were especially pleased with the continued positive momentum in our bioprocessing business and believe Cepheid gained market share in molecular testing again this quarter."


🔸 "Looking ahead, we believe the combination of our leading portfolio and DBS-driven execution differentiates Danaher and provides a strong foundation for sustainable long-term value creation while helping to meaningfully improve human health."

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1 Commento

immagine del profilo
Very good. Recently topped up, but still a small position with me. ^^
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