Danaher reported its third-quarter 2021 revenue at $7.2 billion, a 23% increase over the same period last year.
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The manufacturer reported a strong second quarter, as profit almost doubled to $1.7 billion.
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As part of the company’s previously disclosed succession plan, Blair is replacing retiring CEO Thomas P. Joyce Jr.
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IDT develops, manufactures and markets nucleic acid products.
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Danaher names Matthew McGrew to succeed Daniel Comas as CFO.
Year-to-date, the manufacturer reported sales of $13.2 billion, up 7.3 percent.
Sales for the first half increased 6.7 percent year-over-year.
Year-over-year profit increased 9.7 percent for the first quarter.
For the first nine months, sales were up 21.6 percent year-over-year.
Cepheid will become part of the company's diagnostics segment.