Industry News, Ink Manufacturers News

Dover Reports 3Q 2016 Results

Reports quarterly revenue of $1.7 billion, a decrease of 4% from the prior year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover announced that for the third quarter ended Septe. 30, 2016, revenue was $1.7 billion, a decrease of 4% from the prior year. Organic revenue declined 7% and acquisition revenue, net of dispositions, provided 3% growth in the quarter.   Earnings from continuing operations were $130.1 million, a decrease of 30% as compared to $186.5 million for the prior year period.   Revenue for the nine months ended Sept. 30, 2016, was $5.0 billion, a decrease of 5% from the prior year, reflecting an o...

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