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Dover Corp [DOV] reports annual net loss of $1.1 billion

Dover Corp [DOV] reports annual net loss of $1.1 billion

Company Reports Revenue of $8.4 billion

By USInMinutes
Published - Mar 07, 2024, 04:49 AM ET
Last Updated - Mar 07, 2024, 04:50 AM EST

DOVER Corp [DOV] has reported a net loss of $1.1 billion for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $8.4 billion

Based in DOWNERS GROVE, Illinois, DOVER Corp operates in the MANUFACTURING sector.

In the 12 months ended December 31, 2023, the company reported revenue of $8.44 billion, a slight decrease from the previous year's revenue of $8.51 billion in 2022 and an increase from $7.91 billion in 2021.

Cost of goods and services for the same period was $5.35 billion in 2023, compared to $5.44 billion in 2022 and $4.94 billion in 2021.

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