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Dover generated revenue of $1.5 billion, a decline of 17% compared to 2Q 2019.
July 29, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Dover announced its financial results for the second quarter ended June 30, 2020. For the quarter ended June 30, 2020, Dover generated revenue of $1.5 billion, a decline of 17% (-16% organic) compared to the second quarter of the prior year. GAAP net earnings of $125 million decreased 37%, and GAAP diluted EPS of $0.86 was down 36%. On an adjusted basis, net earnings of $164 million declined 28% and adjusted diluted EPS of $1.13 was down 28% versus the comparable quarter of the prior...
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