Dover Corporation Reports 5% Revenue Increase and 14% Rise in GAAP EPS for Q2 2025

Reuters
07-24
Dover Corporation Reports 5% Revenue Increase and 14% Rise in GAAP EPS for <a href="https://laohu8.com/S/QTWO">Q2</a> 2025

Dover Corporation has reported its financial results for the second quarter ending June 30, 2025. The company achieved revenue of $2.0 billion, marking a 5% increase compared to the same period the previous year, with a 1% organic growth. On a GAAP basis, earnings from continuing operations rose 14% to $280 million, while GAAP diluted earnings per share $(EPS)$ from continuing operations also increased by 14% to $2.03. For the six months ended June 30, 2025, Dover's revenue reached $3.9 billion, a 2% increase from the previous year, including a 1% organic growth. However, GAAP earnings from continuing operations for the six-month period fell by 39% to $519 million, primarily due to the gain on the disposition of De-Sta-Co in the comparable period of the prior year. On an adjusted basis, earnings from continuing operations for the quarter were $337 million, up 16%, and adjusted diluted EPS was $2.44, a 16% increase. For the first half of 2025, adjusted earnings from continuing operations increased by 17% to $620 million, with adjusted diluted EPS rising 18% to $4.49. Dover's President and CEO, Richard J. Tobin, commented on the solid second quarter results, highlighting excellent production performance and execution despite a dynamic global trading environment. The company noted broad-based shipment growth and continued strength in its secular-growth-exposed end markets, with positive order trends bolstering confidence in the outlook for the second half of the year. Most of the third-quarter revenue is already secured in the backlog, suggesting a positive momentum moving forward.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dover Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY36645) on July 24, 2025, and is solely responsible for the information contained therein.

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