Danaher shares jump 7% as the turnaround in biotech finally arrives
There was much more to like in this print, including strong headline results on the back of strength in all key operating segments.
Source: cnbc.com
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Biopharmaceutical Processing Equipment Consumables Market
“Biopharmaceutical Processing Equipment Consumables Market” from 2024-2034 with covered segments (Biopharmaceutical Processing Equipment Consumables...
Source: globenewswire.com
German pharma, lab supplier Sartorius says 2023 profit fell
German pharma and lab supplier Sartorius reported that fiscal 2023 profit to equity holders of Sartorius AG declined to €205.2 million ($220 million) from €678.1 million, last year. Earnings per share reached €2.99 compared to €9.91. Relevant net profit to shareholders of Sartorius fell by 48.3% to €338.5 million euros. Underlying earnings per ordinary share decreased by 48.4% to €4.94 from €9.57. Fiscal year group sales revenue decreased by 16.6% in constant currencies to €3.40 billion in 2023.
Source: yahoo.com
Sartorius FY23 Earnings Fall; Expects Profitable Growth In FY24
Sartorius AG (SARTF), a manufacturer of medical lab equipment, on Friday reported lower earnings and revenue for fiscal 2023, citing soft demand that resulted in weak results across the entire life science sector.
Source: rttnews.com
Danaher jumps on a rival's strength. What to expect from next week's earnings
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Source: cnbc.com