Danaher said revenue from continuing operations for Q1 2024 decreased 2.5% year-over-year to $5.8 billion in the 3 months ended March 29, 2024, and non-GAAP core revenue decreased 4.0%.

1. 01

   Danaher said revenue from continuing operations for Q1 2024 decreased 2.5% year-over-year to $5.8 billion in the 3 months ended March 29, 2024, and non-GAAP core revenue decreased 4.0%.

2. 02

   The company said net earnings for Q1 were $1.1 billion, diluted earnings per share were $1.45, and non-GAAP adjusted diluted earnings per share were $1.92. It said diluted earnings per share from continuing operations in the prior-year period were $1.65, and adjusted diluted earnings per share were $2.05.

3. 03

   Danaher said operating cash flow for Q1 was $1.7 billion and non-GAAP free cash flow was $1.4 billion. It said operating cash flow from continuing operations was $1,739 million, and capital expenditures were $291 million.

4. 04

   The company said it continues to expect non-GAAP core revenue for Q2 2024 to decline mid-single digits year-over-year, and full-year non-GAAP core revenue to decline low-single digits year-over-year.

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Original filing

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