By Will Feuer

 

Danaher said a key revenue figure will fall in the fourth quarter, but by less than the industrial heavyweight had previously forecast.

The company said adjusted core revenue is expected to fall by a low double-digit percentage, above its previous guidance for a decline of a high-teens percentage.

Total revenue for the quarter is expected to fall by a low double-digit percentage, better than the nearly 29% decline that analysts surveyed by FactSet expected.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

January 08, 2024 16:42 ET (21:42 GMT)

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