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.
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
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
NVDA Earnings Preview: Nvidia likely to report blockbuster results for Q1
Nvidia Corporation (NASDAQ: NVDA) had an upbeat start to the new fiscal year, delivering impressive fourth-quarter results and forecasting strong revenue and margin growth for the first quarter. Investors will
What to look for when Target Corp. (TGT) reports its Q1 2024 earnings
Shares of Target Corporation (NYSE: TGT) stayed red on Tuesday. The stock has gained 11% year-to-date. The retail giant is scheduled to report its first quarter 2024 earnings results on
BABA Earnings: Alibaba Q4 profit falls despite revenue growth
Alibaba Group Holding Limited (NYSE: BABA) Tuesday announced fourth-quarter 2024 financial results, reporting higher revenues and a decline in earnings. Revenues of the China-based e-commerce giant increased 7% annually to