Danaher Corporation: Please contact the Portnoy Law Firm to recover your losses; September 15, 2023 deadline
Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Sept. 08, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Danaher Corporation (“Danaher” or the “Company”) (NYSE: DHR) investors that a lawsuit filed on behalf of investors that purchased Danaher securities between April 21, 2022, and April 24, 2023, both dates inclusive (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On April 25, 2023, Danaher issued a press release announcing its financial results for the first quarter of 2023. The report indicated that revenues had decreased by 7.0% year-over-year to $7.2 billion, with a 4.0% non-GAAP core revenue decrease due to the impact of lower COVID-19 revenue. The company also projected that non-GAAP base business core revenue growth would be up mid-single digits year-over-year for the second quarter and full year 2023, down from an earlier projection of high-single-digit growth. This announcement seemed to contradict Danaher's previous assurances that non-COVID-19-related businesses' revenues would compensate for the negative results related to COVID-19.
Following the release of this news, Danaher's stock price fell significantly by 8.79%, closing at $231.99 per share on April 25, 2023.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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