Danaher (DHR) Tops Q1 EPS by 5c; Guides Q2 EPS Below Expectations

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Danaher Reports Record First Quarter 2016 Results

April 21, 2016 6:00 AM EDT

WASHINGTON, April 21, 2016 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) today announced results for the first quarter 2016. All financial metrics in this press release reflect Danaher's continuing operations.

For the quarter ended April 1, 2016, non-GAAP adjusted diluted net earnings per share were $1.08, which reflects the adjustments identified in the attached reconciliation schedule. This represents an 18.5% increase over the comparable 2015 amount. On a GAAP basis, net earnings for the first quarter were $758 million, or $1.09 per share on a diluted basis. For the first quarter 2016, revenues increased 15.0% year-over-year to $5.4 billion, with core revenue growth of... More