Industry News, Ink Manufacturers News

Dover Reports 3Q 2020 Results

Dover generated revenue of $4.9 billion for first nine months of 2020, a decline of 9% compared to the prior year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dover announced its financial results for the third quarter ended Sept. 30, 2020. For the quarter ended Sept. 30, 2020, Dover generated revenue of $1.7 billion, a decline of 4%  compared to the third quarter of the prior year. GAAP net earnings of $200 million decreased 3%, and GAAP diluted EPS of $1.38 was down 1%. For the nine months ended September 30, 2020, Dover generated revenue of $4.9 billion, a decline of 9% compared to the first nine months of the prior year. GAAP net earnings of $50...

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