WASHINGTON (AP) _ Danaher Corp. (DHR) on Thursday reported fourth-quarter profit of $1.28 billion.
The Washington-based company said it had net income of $1.73 per share. Earnings, adjusted to account for discontinued operations, were $1.28 per share.
The industrial and medical device maker posted revenue of $4.87 billion in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $4.79 billion.
For the year, the company reported profit of $3.01 billion, or $4.05 per share. Revenue was reported as $17.91 billion.
Danaher shares have risen almost 8% since the beginning of the year, while the Standard & Poor's 500 index has increased slightly more than 1%. The stock has risen 57% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHR at https://www.zacks.com/ap/DHR
Automated Insights, source Associated Press News