Earnings Conference Call Second Quarter 2024 Forward-Looking Statements and Non-GAAP Measures We would also direct your attention to our website, dovercorporation.com, where considerably more information can be found. All-in revenue grew 4% Volume leverage, mix, and proactive cost curtailment Up $64M year-over-year Revenue growth: +3-4% all-in; +2-3% organic(1) July 25, 2024 – 8:30am CT We want to remind everyone that our comments may contain forward-looking statements that are inherently subject to uncerta ...

Dover Corporation (DOV) came out with quarterly earnings of $2.36 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $2.05 per share a year ago. These figures are adjusted for non-recurring items. Dover, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $2.18 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.32%. This compares to year-ago revenues of $2.1 billion. The company has topped ...

Revenue from Contracts with Customers 7 The Company applied the standard's practical expedient that permits the omission of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which the Company recognizes revenue at the amount to which the Company has the right to invoice for services performed. The revenue recognized during the six months ended June 30, 2024 and 2023 that was included in contract liabilities at the beginning of t ...

Exhibit 99.1 DOVER REPORTS SECOND QUARTER 2024 RESULTS | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------|----------|-------|------------|-----------------|-------|----------|-------|------------|---------------| | ($ in millions, except per share data) \nU.S. GAAP | | 2024 | | 2023 | % Change* | | 2024 | | 2023 | % Change* | | Revenue | $ | 2,178 | $ | 2,100 | 4 % | $ | 4,272 | $ | 4,179 | 2 % | | Net earnings Di ...

"Clear, readily available process metrics are key for success in all pharmaceutical-processing applications," said Jay Rajagopalan, Senior Director of Engineering and Product Management for PSG Biotech. "Our development of the SumoFlo CELE-8103-D Integral Display Transmitter is a seamless solution that easily integrates into all of our SumoFlo product range." PSG is the global pump, metering and dispensing-solution expert, enabling the safe and efficient transfer of critical and valuable fluids that require ...

DOWNERS GROVE, Ill., July 23, 2024 /PRNewswire/ -- Rotary®, part of Vehicle Service Group™ (VSG) and Dover (NYSE: DOV), today announced the launch of its new LT35A Air-Hydraulic Lifting Table. The LT35A provides automotive service and repair shops with new levels of flexibility, functionality and safety by easily lifting EV batteries and other heavy components like engines and transmissions. The LT35A runs on shop air-hydraulic operation, so electrical power is not needed to use the table. Its pushbutton pe ...

DOWNERS GROVE, Ill., July 22, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has acquired Marshall Excelsior Company ("MEC") for $395M in cash. MEC will become part of the OPW Global ("OPW") operating unit within Dover's Clean Energy & Fueling segment ("DCEF"). MEC is a highly-complementary acquisition to OPW. It serves the liquefied petroleum gas and cryogenic markets while adding access to new transport vehicle remote monitoring and severe service valve offerings that expand OPW's particip ...

Based in Chattanooga, TN, ESG is a leading provider of refuse collection vehicles, compactors, and balers, as well as related aftermarket equipment and digital offerings, including onboard vehicle safety systems, route management, predictive maintenance, and customer relationship management software. ESG generated approximately $750 million of revenue in 2023. The transaction is expected to close before year-end 2024, subject to customary closing conditions, including receipt of regulatory approvals. About ...

DOWNERS GROVE, Ill., July 18, 2024 /PRNewswire/ -- Dover (NYSE: DOV) today announced that it has acquired Demaco Holland B.V. ("Demaco"). Demaco is now part of OPW's Clean Energy Solutions business ("OPW CES") within Dover's Clean Energy & Fueling segment. Investor Contact: Media Contact: Jack Dickens Adrian Sakowicz Senior Director - Investor Relations Vice President – Communications (630) 743-2566 (630) 743-5039 [email protected] [email protected] Demaco provides critical flow control components for cryog ...

Price Performance The consensus estimate for earnings is pegged at $2.21 per share. The Zacks Consensus Estimate for DOV's second-quarter earnings has moved down 0.5% in the past 60 days. The estimate indicates year-over-year growth of 7.8%. | --- | --- | --- | --- | --- | --- | |----------|-----------------------------------------|-------|-------|--------------|-----------------| | | | | | arter Ending | verage Surprise | | | | | | 2.05 | NA | | | | | | | NA | | | | | | | -0.02 | | Surprise | 3.72% | 0.41% ...