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Veralto Corporation - VLTO STOCK NEWS

Welcome to our dedicated page for Veralto Corporation news (Ticker: VLTO), a resource for investors and traders seeking the latest updates and insights on Veralto Corporation stock.

Veralto Corporation (VLTO) delivers essential technology systems that protect global water resources and ensure product quality across industries. This news hub provides investors and stakeholders with authoritative updates on the company’s operational milestones, strategic partnerships, and regulatory developments.

Access real-time announcements including quarterly earnings reports, product innovation launches, and sustainability initiatives. Our curated collection features press releases detailing advancements in UV treatment systems, water analysis technologies, and industrial quality assurance solutions.

Key updates cover Veralto’s Water Quality and Product Quality & Innovation segments, with insights into market expansions, technology deployments, and compliance achievements. Bookmark this page for verified updates from trusted sources, ensuring you stay informed about critical developments impacting water safety standards and manufacturing quality controls.

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Veralto (VLTO) reported strong fourth quarter and full year 2023 results, with sales increasing 3.3% and 3.1% year-over-year, respectively. Operating profit margin was 22.2% and 22.7%, with net earnings of $200 million and $839 million for the fourth quarter and full year, respectively. Non-GAAP adjusted net earnings were $215 million and $787 million. Operating cash flow was $263 million and $963 million for the fourth quarter and full year, respectively. President and CEO, Jennifer L. Honeycutt, expressed pride in the company's performance, citing a historic year with successful separation from Danaher and robust sales, earnings growth, and free cash flow generation. The company remains cautiously optimistic for 2024.
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Veralto Corporation (NYSE: VLTO) will webcast its quarterly earnings conference call for the fourth quarter 2023 on February 7, 2024. The call will cover financial performance for Q4 and full year 2023, as well as 2024 financial expectations. Access to the webcast, slide presentation, and conference call details will be available on Veralto's website. Earnings news release and related materials will be posted after market close on February 6, 2024.
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Trojan Technologies (TROJ) announced the sale of Salsnes Filter to the current and former members of the management team, making it a standalone entity. The transaction aims to provide Salsnes Filter with the opportunity to reinvest further in their solids separation filter technology to better serve the water treatment industry.
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Veralto (NYSE: VLTO) announces a quarterly cash dividend of $0.09 per share of its common stock, payable on January 31, 2024, to holders of record as of December 29, 2023.
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Veralto (VLTO) has received an unsolicited 'mini-tender offer' from TRC Capital Investment Corporation to purchase up to 2,000,000 shares of Veralto common stock at a price of $65.40 per share. This offer represents a discount of $2.96 per share, or 4.33 percent, below Veralto's closing price of $68.36 on October 30, 2023. Veralto recommends shareholders reject this offer due to the price being below the current share price and the offer being subject to numerous conditions.
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Veralto (NYSE: VLTO) will participate in Baird's 2023 Global Industrial Conference. Jennifer L. Honeycutt, President and CEO, and Sameer Ralhan, CFO, will present and participate in a fireside chat on November 7, 2023. A live webcast of the presentation can be accessed on Veralto's website.
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Veralto announces Q3 2023 results with a 3% increase in sales and plans to initiate a quarterly dividend of $0.09 per common share in Q4 2023. The company expects flat to low-single digits decline in Q4 sales due to reduced demand for consumer-packaged goods and continued demand weakness in China.
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Veralto to release Q3 2023 results and hold earnings conference call
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Veralto begins trading as a separate company after being spun off from Danaher. It consists of 13 operating companies. Veralto focuses on safeguarding vital resources. The company aims for long-term growth driven by critical needs. Veralto operates in the water quality and product quality segments. The success of the operating companies is supported by the Veralto Enterprise System.
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Danaher Corporation expects to complete the separation of Veralto Corporation on September 30, 2023. Danaher stockholders will receive one share of Veralto common stock for every three shares of Danaher common stock they hold on the Record Date. Fractional shares of Veralto common stock will be sold in the open market. No action is required by Danaher stockholders to receive the distributed shares of Veralto common stock.
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Veralto Corporation

NYSE:VLTO

VLTO Rankings

VLTO Stock Data

22.16B
238.02M
4.07%
97.77%
1.81%
Pollution & Treatment Controls
Instruments for Meas & Testing of Electricity & Elec Signals
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United States
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