Danaher beats Q2 top and bottom line estimates
- Danaher press release (NYSE:DHR): Q2 Non-GAAP EPS of $1.72 beats by $0.15.
- Revenue of $5.7B (-2.9% Y/Y) beats by $110M.
- Shares +1.6% PM.
- For the third quarter 2024, the Company anticipates that non-GAAP core revenue will be down low-single digits year-over-year. For full year 2024, the Company continues to expect that non-GAAP core revenue will be down low-single digits year-over-year.
- Net earnings were $907 million, or GAAP EPS of $1.22.
- Operating cash flow was $1.4 billion and non-GAAP free cash flow was $1.1 billion.