Industrial Products Manufacturer Dover's Q3: Flat Sales, EPS Beat, Conservative Outlook & More

Grand News Network | October 24, 2023

 Dover Corp (NYSE: DOV) reported third-quarter FY23 revenue of $2.153 billion, missing the analyst consensus estimate of $2.22 billion. Organic revenue fell 2%.

Gross profit increased 2.6% to $793 million with a profit margin of 36.8%.

Operating income for the quarter climbed slightly by 0.63% to $372.7 million.

Total adjusted segment EBITDA grew 2.4% to $504 million.

Operating cash flow for the ...

Full story available on Benzinga.com


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