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Stock impact report

Danaher Sees First-Quarter Revenue Gain of 3%, Withdraws Fiscal-Year Guidance [TheStreet.com]

Danaher Corporation (DHR) 
Last danaher corporation earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.danaher.com
Company Research Source: TheStreet.com
Danaher(DHRGet ReportIt also anticipates non-GAAP core revenue growth of approximately 4.5% in the quarter. The company is withdrawing its full-year financial guidance because of the coronavirus."We anticipate positive results in each of our three reporting segments in the first quarter, with particular strength in our Cepheid, Radiometer, Pall and ChemTreat businesses,” CEO Thomas Joyce said in a statement.“While we had a good start to the year, we saw a meaningful slowdown in demand toward the end of the quarter, particularly in our more instrument-oriented businesses, as the Covid-19 pandemic spread worldwide," the CEO added.Cepheid focuses on molecular diagnostics, and three weeks ago it received emergency use authorization from the Food and Drug Administration for a 45-minute coronavirus test.Radiometer focuses on bio-diagnostics, Pall on bio-fluid issues, and ChemTreat on water treatment.As for Danaher’s pulled full-year 2020 forecast, it had predicted adjusted earnings per shar Show less Read more
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