Danaher (DHR) Tops Q2 EPS by 36c, Revenues Beat

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Danaher Reports Second Quarter 2020 Results

July 23, 2020 6:00 AM EDT

WASHINGTON, July 23, 2020 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) (the "Company") today announced results for the quarter ended July 3, 2020.  All results in this release reflect only continuing operations unless otherwise noted.

For the second quarter 2020, net earnings were $927.3 million, or $1.24 per diluted common share which represents a 38.0% year-over-year increase from the comparable 2019 period.

Non-GAAP adjusted diluted net earnings per common share were $1.44 which represents a 32.0% increase over the comparable 2019 period.  Revenues increased 19.0% year-over-year to $5.3 billion, with 3.5% non-GAAP core revenue growth including Cytiva.

Operating cash flow for the second quarter 2020 was $1.4 billion,... More