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Danaher: 4Q Earnings Snapshot

January 30, 2020 GMT

WASHINGTON (AP) _ Danaher Corp. (DHR) on Thursday reported fourth-quarter profit of $1.28 billion.

The Washington-based company said it had net income of $1.73 per share. Earnings, adjusted to account for discontinued operations, were $1.28 per share.

The industrial and medical device maker posted revenue of $4.87 billion in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $4.79 billion.

For the year, the company reported profit of $3.01 billion, or $4.05 per share. Revenue was reported as $17.91 billion.

Danaher shares have risen almost 8% since the beginning of the year, while the Standard & Poor’s 500 index has increased slightly more than 1%. The stock has risen 57% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHR at https://www.zacks.com/ap/DHR