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Software Provider Roper Tech Boosts Annual Outlook Following Q1 Performance: The Details - Roper Techs (NASDAQ:ROP)

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.

ROP Stock Earnings: Roper Techs Beats EPS, Beats Revenue for Q1 2024

Roper Techs (NASDAQ: ) just reported results for the first quarter of 2024. InvestorPlace Earnings is a project that leverages data from TradeSmith to…

Software Provider Roper Tech Boosts Annual Outlook Following Q1 Performance: The Details

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

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