Danaher releases third-quarter GAAP earnings

Manufacturing and technology company Danaher has announced that GAAP net earnings for the quarter ended 1 October 2010 were $646.4m (£409.7m), or $0.95 per diluted share, which represents a 79 per cent increase compared with GAAP net earnings per diluted share of $0.53 for the third quarter of 2009.

On a non-GAAP basis, 2010 third-quarter adjusted net earnings were $405.4m, or $0.60 per diluted share – a 33 per cent increase over 2009 third-quarter adjusted net earnings per diluted share of $0.45. 

Sales for the 2010 third quarter were $3.2bn – 16 per cent higher than the $2.8bn reported for the 2009 third quarter.