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Stock impact report

Roper Technologies announces first quarter financial results

Roper Technologies, Inc. (ROP) 
Last roper technologies, inc. earnings: 4/28 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.ropertech.com
Company Research Source: GlobeNewswire
SARASOTA, Fla., April 26, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the first quarter ended March 31, 2024. The results in this press release are presented on a continuing operations basis. First quarter 2024 highlights Revenue increased 14% to $1.68 billion; organic revenue increased 8%GAAP DEPS increased 33% to $3.54; adjusted DEPS increased 13% to $4.41GAAP net earnings increased 34% to $382 millionAdjusted EBITDA increased 16% to $676 millionOperating cash flow increased 14% to $531 million "We had a great start to 2024, highlighted by 14% total revenue growth, 8% organic revenue growth, 16% EBITDA growth, and a 31% free cash flow margin," said Neil Hunn, Roper Technologies’ President and CEO. "Our businesses continued to execute at a high level, while further innovating and investing to drive durable, long-term growth. We completed our acquisition of Procare during the first quarter and remain excited about the value Show less Read more
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