Danaher Anticipates Q4 Non-GAAP Base Business Core Revenue From Continuing Operations To Be Down Mid-Single Digits Y/Y
Portfolio Pulse from Benzinga Newsdesk
Danaher Corporation (DHR) expects its Q4 non-GAAP base business core revenue from continuing operations to decrease by mid-single digits year over year.
October 24, 2023 | 10:04 am
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NEGATIVE IMPACT
Danaher Corporation's Q4 non-GAAP base business core revenue from continuing operations is expected to decrease by mid-single digits year over year.
The company's announcement of an expected decrease in Q4 non-GAAP base business core revenue from continuing operations indicates a potential decline in its financial performance. This could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100