Danaher Q2 2024 Earnings Report
Key Takeaways
Danaher Corporation reported a decrease in revenue by 3.0% year-over-year to $5.7 billion, with a non-GAAP core revenue decrease of 3.5%. Net earnings were $907 million, or $1.22 per diluted common share, while non-GAAP adjusted diluted net earnings per common share were $1.72. The company's operating cash flow was $1.4 billion, and non-GAAP free cash flow was $1.1 billion.
Net earnings reached $907 million, with diluted EPS at $1.22 and non-GAAP adjusted diluted EPS at $1.72.
Revenues declined by 3.0% year-over-year to $5.7 billion, and non-GAAP core revenue decreased by 3.5%.
Operating cash flow amounted to $1.4 billion, and non-GAAP free cash flow was $1.1 billion.
The company anticipates non-GAAP core revenue to be down low-single digits year-over-year for both the third quarter and full year 2024.
Danaher
Danaher
Forward Guidance
The Company anticipates that non-GAAP core revenue will be down low-single digits year-over-year for the third quarter 2024 and continues to expect that non-GAAP core revenue will be down low-single digits year-over-year for full year 2024.