Washington, D.C.-based Danaher Corporation (NYSE: DHR) posted a 31 percent increase in sales to $4.3 billion in the first quarter of 2012 ended March 30, 2012. The company's sales were $1 billion higher than a year ago.
Off those revenues Danaher pulled in earnings of $520.1 million or $0.73 cents per diluted share, a 19.7 percent increase. Earnings jumped $0.12 cents from the same period last year when earnings were $0.61 cents per diluted share.
Danaher which specializes in technology for medical and industrial firms beat the average estimate of $0.71 cents per share from 20 analysts on revenues of $4.33 billion.
Outlook for the second quarter ending June 30, 2012 was positive, Danaher estimates earnings in the range of $0.76 to $0.81 cents per diluted share.