Industry News, Ink Manufacturers News

Dover Reports 1Q 2018 Results

Reports quarterly revenue of $1.9 billion, an increase of 6% from the prior year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover announced its financial results for the first quarter ended March 31, 2018.   For the first quarter ended March 31, 2018, Dover’s revenue was $1.9 billion, an increase of 6% from the prior year. The increase in the quarter was largely driven by organic growth of 4%. Net earnings were $131.4 million, a decrease of 24% as compared to $172.2 million for the prior year period. Diluted net earnings per share (EPS) for the first quarter ended March 31, 2018, were $0.84, compared to $1.09 EPS i...

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