tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Roper Technologies reports Q2 adjusted EPS $4.87, consensus $4.83

Reports Q2 revenue $1.94B, consensus $1.92B. “We delivered another strong quarter, highlighted by 13% total revenue growth, 7% organic revenue growth, and 10% free cash flow growth,” said CEO Neil Hunn. “Our businesses continued to execute at a high level, while further innovating and investing to drive durable, long-term growth. We are particularly excited about how AI capabilities are enhancing our solutions and creating new opportunities, broadly, across our portfolio. Our second quarter growth was balanced across all three segments, as expected, and positions us well for a strong second half. We are once again increasing our full year outlook, supported by our strong Q2 results, the continued expansion of our recurring revenue base, and resilient demand for our businesses’ mission critical solutions. With significant M&A capacity and our proven acquisition model, we remain well positioned to execute our disciplined capital deployment strategy against a large pipeline of attractive opportunities. The combination of our durable business portfolio and proven M&A capability continues to fuel compelling long-term cash flow compounding for our shareholders.”

Elevate Your Investing Strategy:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1