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Dover Announces 3Q 2018 Results

Reports quarterly revenue of $1.7 billion with organic growth of 3%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover announced its financial results for the third quarter ended Sept. 30, 2018.   For the third quarter ended Sept. 30, 2018, Dover’s revenue was $1.7 billion, driven by organic growth of 3%. Net earnings for the third quarter were $157.3 million, compared to net earnings of $178.9 million in the prior year period. The third quarter 2017 results include earnings from discontinued operations of $19.5 million attributable to Apergy, which the company spun off in the second quarter of 2018.   Ear...

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