Danaher reports quarterly results exceeding internal targets despite 1% revenue decline, maintains full-year guidance amid "dynamic" macro environment. Danaher's Q1 2025 performance presents a mixed but generally stable picture. The company reported net earnings of $1.0 billion ($1.32 per diluted share), with non-GAAP adjusted EPS reaching $1.88. While reported revenues declined by 1.0% to $5.7 billion, non-GAAP core revenue remained flat year-over-year, suggesting currency fluctuations or portfolio changes drove the reported decline rather than underlying business deterioration. Cash flow generation remains a bright spot, with $1.3 billion in operating cash flow and $1.1 billion in non-GAAP free cash flow, demonstrating solid financial execution despite market challenges.