AI English summary of an SEC filing — figures as filed
Danaher said net earnings from continuing operations for Q2 2024 (ended June 28, 2024) were $907 million ($1.22 per diluted share), and revenue fell 3.0% year over year to $5.7 billion. Adjusted diluted net earnings per share (non-GAAP) were $1.72.
Key points
AI summaryDanaher said net earnings from continuing operations for Q2 2024 (ended June 28, 2024) were $907 million ($1.22 per diluted share), and revenue fell 3.0% year over year to $5.7 billion. Adjusted diluted net earnings per share (non-GAAP) were $1.72.
The company said non-GAAP core revenue fell 3.5% in Q2. By segment, Biotechnology fell 7.0%, Life Sciences fell 5.5%, and Diagnostics rose 3.0%.
Danaher reported operating cash flow from continuing operations of $1,417 million and non-GAAP free cash flow of $1,131 million for Q2. The comparable prior-year figures were $1,646 million and $1,319 million, respectively.
The company said it expects non-GAAP core revenue for Q3 2024 to decline low-single digits year over year. It also said it continues to expect full-year core revenue to decline low-single digits.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q2 Results: Revenue $5.7 billion, Net Earnings $907 million
Danaher said net earnings from continuing operations for Q2 2024 (ended June 28, 2024) were $907 million ($1.22 per diluted share), and revenue fell 3.0% year over year to $5.7 billion. Adjusted diluted net earnings per share (non-GAAP) were $1.72.
Source · Based on the filing body and exhibits
Q2 Core Revenue Down 3.5%, Segments Diverge
The company said non-GAAP core revenue fell 3.5% in Q2. By segment, Biotechnology fell 7.0%, Life Sciences fell 5.5%, and Diagnostics rose 3.0%.
Source · Based on the filing body and exhibits
Q2 Operating Cash Flow and Free Cash Flow
Danaher reported operating cash flow from continuing operations of $1,417 million and non-GAAP free cash flow of $1,131 million for Q2. The comparable prior-year figures were $1,646 million and $1,319 million, respectively.
Source · Based on the filing body and exhibits
Q3 Results and Full-Year Core Revenue Outlook
The company said it expects non-GAAP core revenue for Q3 2024 to decline low-single digits year over year. It also said it continues to expect full-year core revenue to decline low-single digits.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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