other material
confidence high
sentiment neutral
materiality 0.75
Roper Technologies updates segment structure; industrial business sale to be reported as discontinued ops
ROPER TECHNOLOGIES INC
- Three new reportable segments: Application Software, Network Software, Technology Enabled Products, effective Q2 2022.
- Prior periods will be recast to reflect the new segment structure.
- On June 1, 2022, Roper agreed to sell a majority stake in its industrial businesses (Process Technologies and industrial assets from Measurement & Analytical Solutions).
- The industrial businesses will be reported as discontinued operations starting Q2 2022.