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Dover Reports 2Q 2018 Results

Reports quarterly revenue of $1.8 billion, an increase of 3% from the prior year

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover announced its financial results for the second quarter ended June 30, 2018.   For the second quarter ended June 30, 2018, Dover’s revenue was $1.8 billion, an increase of 3% from the prior year. The increase in the quarter was driven by organic growth of 3% and a favorable impact from foreign exchange (FX) of 2%, partially offset by a net 2% impact from previous acquisitions and dispositions.   Earnings from continuing operations were $166.5 million, an increase of 17% as compared to $...

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