- danaher corp (NYSE: DHR) has registered Q3 FY22 Adjusted EPS of $2.56Up 7% year-on-year, beating estimate of $2.26.
- Revenue increased 6% to $7.66 billion, with non-GAAP core revenue growth of 10% and core base revenue growth of 8.5%, beating the estimate of $7.17 billion.
- Operating cash flow reached $2 billion. Non-GAAP free cash flow reached $1.7 billion.
- Gross margin declined slightly to 59.8% from 60.3%, and operating margin improved to 26.3% from 18.1% a year earlier.
- CEO Rainer M. Blair said, “Our growth has been broad-based across all three segments, demonstrating the consistency and attractive end-market positioning of the franchises that make up Danaher.”
- Outlook: For Q4 FY22, the Company expects core non-GAAP revenue growth in the high single-digit percentage range.
- For fiscal 22, the Company is raising its guidance for non-GAAP core revenue growth in the high single-digit percentage range, which includes core non-GAAP core revenue growth in the high single-digit percentage range.
- Price promotion: DHR shares are down 0.73% to $256.00 during the premarket session on the last check Thursday.
- Photo via company
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