Kahn Swick & Foti is launching an investigation into Danaher Corporation following its recent revenue decline, which highlights potential underlying issues affecting the company’s performance. This move could signal deeper concerns for investors as they assess the sustainability of Danaher’s business model in a post-pandemic landscape.
NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Danaher Corporation (NYSE: DHR). On April 25, 2023, the Company disclosed that “[r]evenues decreased 7.0% year-over-year to $7.2 billion, with a 4.0% non-GAAP core revenue decrease, due to the impact of lower COVID-19 revenue, and 6.0% non-GAAP base business core revenue
Source: Original Press Release
