For The Third Quarter 2024, Danaher Anticipates That Non-GAAP Core Revenue Will Be Down Low-single Digits Y/Y. For Full Year 2024, The Company Continues To Expect That Non-GAAP Core Revenue Will Be Down Low-single Digits Y/Y
Portfolio Pulse from Benzinga Newsdesk
Danaher anticipates a low-single digit year-over-year decline in non-GAAP core revenue for both the third quarter and full year of 2024.
July 23, 2024 | 10:10 am
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Danaher anticipates a low-single digit year-over-year decline in non-GAAP core revenue for both the third quarter and full year of 2024.
The anticipated decline in non-GAAP core revenue for both the third quarter and full year of 2024 suggests potential challenges in Danaher's business performance. This could lead to a negative short-term impact on the stock price as investors may react to the expected revenue decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100