Roper Technologies (NASDAQ: ROP) beat revenue and EPS estimates in Q1 2024, with a 14% Y/Y revenue growth and increased profits. FY24 outlook positive.
Increasing full year guidanceSARASOTA, Fla., April 26, 2024 Roper Technologies, Inc. reported financial results for the first quarter ended March 31, 2024. The results in this press release are.
Roper Technologies Inc (NASDAQ:ROP) reported fiscal first-quarter 2024 revenue growth of 14% year-on-year to $1.68 billion, beating the analyst consensus estimate of $1.65 billion. Adjusted EPS of $4.41 beat the analyst consensus estimate of $4.34. Gross profit increased to $1.18 billion from $1.02 billion a year ago. Operating income increased to $483.9 million from $360.1 million the prior quarter. Adjusted EBITDA rose 16% year over year to $676 million, and margin expanded by 60 basis points
SARASOTA, Fla., April 08, 2024 Roper Technologies, Inc. announced that John F. Murphy has joined the Company’s Board of Directors. Mr. Murphy most recently served as Executive Vice President.