Fortive Corp. (NYSE: FTV), Everett, WA, reported sales for the second quarter of $1.6 billion, a 0.6 percent decrease over the same period a year ago. Profit increased 5.1 percent to $238.9 million.
For the first half, sales were $3 billion, down 1.6 percent year-over-year. Profit decreased 2.4 percent to $420.9 million.
Fortive operated as part of Danaher Corp. for the entire second quarter of 2016, and the historical financial measures presented were derived from Danaher's accounting records and are presented on a carve-out basis.
