Danaher (DHR) Revenue — Quarter Ended Mar 29, 2024
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential decline was steeper than the year-over-year decrease.
Key takeaway
Quarter ended Mar 29, 2024 · FY2024 Q1
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential decline was steeper than the year-over-year decrease.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.8B
Revenue reported for this quarter.
Quarter-over-quarter
-9.5%
Change from the immediately preceding quarter.
Year-over-year
-2.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $5.9B | -33.7% |
| Sep 29, 2023 | $5.6B | -26.6% |
| Dec 31, 2023 | $6.4B | -10.2% |
| Mar 29, 2024 | $5.8B | -2.6% |
Revenue performance
Reported revenue fell from the prior quarter, continuing a pattern of quarterly declines observed over the past several periods.
Quarterly comparison
Revenue was lower than both the previous quarter and the same quarter a year ago, with the sequential drop exceeding the year-over-year contraction.
What to watch
Revenue has declined for four consecutive quarters based on the available trend data.