Danaher posts higher third-quarter profit

NEW YORK Thu Oct 18, 2012 6:10am EDT

NEW YORK Oct 18 (Reuters) - Industrial and healthcare conglomerate Danaher Corp reported a higher quarterly profit on Thursday, but cut its forecast for the year and said it would spend more to restructure its operations.

Third-quarter net earnings rose 5 percent to $548.7 million, or 77 cents per share, from $523.4 million, or 73 cents per share, a year earlier.

Sales dipped to $4.42 billion from $4.45 billion.

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