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Tuesday, January 11, 2022

Danaher Expects 4Q Revenue Above Guidance

 Industrial conglomerate Danaher Corp. said Tuesday it expects fourth-quarter revenue to come in above its earlier guidance.

The company said estimated revenue rose at high-teens to low-20s percent pace in the latest quarter compared with last year, with adjusted core revenue growth estimated to be in the high-teens percent range.

The company previously forecast adjusted core revenue growth in the low-to-mid teens percent range.

"Our team delivered an outstanding finish to 2021, with better-than-expected results across all three reporting segments led by Life Sciences and Diagnostics," Chief Executive Rainer Blair said in a statement.

Revenue in the company's life sciences division was boosted by increased demand for respiratory and non-respiratory testing, Mr. Blair said.

https://www.marketscreener.com/quote/stock/DANAHER-CORPORATION-12295/news/Danaher-Expects-4Q-Revenue-Above-Guidance-37516147/

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