Veralto: Revenue and Earnings Rise in Q4
Veralto (NYSE:VLTO), a key player in water treatment and printing solutions, announced its fourth-quarter earnings on Feb. 4. The company, which was spun off from Danaher in 2023, reported revenue of $1.345 billion, marking a 4.4% year-over-year increase. Adjusted earnings per share reached $0.95.
Veralto operates mainly in two segments: water treatment solutions, and printing and coding solutions. In water treatment, it provides essential services such as filtration and purification technologies for industrial and consumer use. For printing and coding, it offers solutions for the food, beverage, and pharmaceutical industries that emphasize compliance and traceability.
Recently, Veralto has focused on strategic acquisitions, notably purchasing TraceGains to enhance its compliance software offerings.
Source Fool.com
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