WASHINGTON, March 7, 2018 /PRNewswire/ -- Danaher Corporation
(NYSE: DHR) (the "Company") announced today that it expects first
quarter 2018 adjusted diluted net earnings per share to be above
the high-end of the Company's previously communicated guidance
range.
Thomas P. Joyce, Jr., President
and Chief Executive Officer, stated, "We have seen a strong start
to 2018 from both a core revenue and margin perspective and based
on our results through February, we now expect first quarter 2018
adjusted EPS to be above the high-end of our previously
communicated guidance range. Better than expected results in our
Life Sciences and Diagnostics platforms – specifically at Cepheid –
are the main drivers for this performance as we continue to see
positive momentum in these businesses."
The Company will hold its quarterly earnings conference call for
the first quarter 2018 on Thursday, April
19, 2018 at 8:00 a.m. ET.
ABOUT DANAHER
Danaher is a global science and
technology innovator committed to helping its customers solve
complex challenges and improving quality of life around the world.
Its family of world class brands has leadership positions in some
of the most demanding and attractive industries, including health
care, environmental and industrial. With more than 20 operating
companies, Danaher's globally diverse team of approximately 67,000
associates is united by a common culture and operating system, the
Danaher Business System. For more information, please visit
www.danaher.com.
FORWARD LOOKING STATEMENTS
Statements in this release
that are not strictly historical, including the statements
regarding the Company's anticipated first quarter 2018 adjusted
diluted net earnings per share, core revenue growth and any other
statements regarding events or developments that we believe or
anticipate will or may occur in the future are "forward-looking"
statements within the meaning of the federal securities laws. There
are a number of important factors that could cause actual results,
developments and business decisions to differ materially from those
suggested or indicated by such forward-looking statements and you
should not place undue reliance on any such forward-looking
statements. These factors include, among other things,
deterioration of or instability in the economy, the markets we
serve and the financial markets, contractions or growth rates and
cyclicality of markets we serve, competition, our ability to
develop and successfully market new products and technologies and
expand into new markets, the potential for improper conduct by our
employees, agents or business partners, our compliance with
applicable laws and regulations (including regulations relating to
medical devices and the health care industry), our ability to
effectively address cost reductions and other changes in the health
care industry, our ability to successfully identify and consummate
appropriate acquisitions and strategic investments and successfully
complete divestitures and other dispositions, our ability to
integrate the businesses we acquire and achieve the anticipated
benefits of such acquisitions, contingent liabilities relating to
acquisitions, investments and divestitures (including tax-related
and other contingent liabilities relating to the distributions of
each of Fortive Corporation and our communications business),
security breaches or other disruptions of our information
technology systems or violations of data privacy laws, the impact
of our restructuring activities on our ability to grow, risks
relating to potential impairment of goodwill and other intangible
assets, currency exchange rates, tax audits and changes in our tax
rate and income tax liabilities, changes in tax laws applicable to
multinational companies, litigation and other contingent
liabilities including intellectual property and environmental,
health and safety matters, the rights of the United States government to use, disclose
and license certain intellectual property we license if we fail to
commercialize it, risks relating to product, service or software
defects, product liability and recalls, risks relating to product
manufacturing, the impact of our debt obligations on our operations
and liquidity, our relationships with and the performance of our
channel partners, uncertainties relating to collaboration
arrangements with third parties, commodity costs and surcharges,
our ability to adjust purchases and manufacturing capacity to
reflect market conditions, reliance on sole sources of supply, the
impact of deregulation on demand for our products and services,
labor matters, international economic, political, legal, compliance
and business factors (including the impact of the UK's decision to
leave the EU and changes in U.S. policy stemming from the current
administration, such as changes in trade policy), disruptions
relating to man-made and natural disasters, and pension plan costs.
Additional information regarding the factors that may cause actual
results to differ materially from these forward-looking statements
is available in our SEC filings, including our 2017 Annual Report
on Form 10-K. These forward-looking statements speak only as of the
date of this release and except to the extent required by
applicable law, the Company does not assume any obligation to
update or revise any forward-looking statement, whether as a result
of new information, future events and developments or
otherwise.
View original
content:http://www.prnewswire.com/news-releases/danaher-provides-update-on-first-quarter-2018-financial-performance-300609517.html
SOURCE Danaher Corporation