Danaher (DHR) Tops Q2 EPS by 6c, Revenues Beat; Boosts FY18 EPS Outlook

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Danaher Reports Second Quarter 2018 Results

July 19, 2018 6:00 AM EDT

WASHINGTON, July 19, 2018 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) today announced results for the second quarter 2018. For the quarter ended June 29, 2018, net earnings were $673.8 million, or $0.95 per diluted share which represents a 20.0% year-over-year increase.

Non-GAAP adjusted diluted net earnings per share were $1.15. This represents a 16.0% increase over the comparable 2017 period. For the second quarter 2018, revenues increased 10.5% year-over-year to $5.0 billion, with non-GAAP core revenue growth of 6.0%.

Year-to-date operating cash flow was $1.9 billion, representing a 18.5% increase over the comparable 2017 period. Year-to-date non-GAAP free cash flow increased 21.5% versus the prior year to $1.6... More