Roper Q2 revenue up 17% to $1.53B; raises full-year adjusted DEPS guidance to $16.36-$16.50

ROPER TECHNOLOGIES INC

2023-Q2 EPS reported $6.04 revenue$3,000,900,000

GAAP DEPS $3.36 (+59% YoY); adjusted DEPS $4.12 (+20%); GAAP net earnings $361M.
Organic revenue growth of 9%; adjusted EBITDA up 20% to $617M.
FY2023 adjusted DEPS guidance raised to $16.36–$16.50 from prior $16.10–$16.30.
Operating cash flow $320M; adjusted operating cash flow +20%.
Continues to hold minority interest in Indicor after industrial sale; M&A firepower cited.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ROPER TECHNOLOGIES INC reported the quarter ended June 30, 2023 results: revenue $1.53 billion, net income $361 million, EPS $3.36. Guidance raised.

Period: the quarter ended June 30, 2023
Revenue: $1.53 billion
Net income: $361 million
EPS: $3.36
Guidance: raised
Result: reported results

Exact text from the filing

second quarter ended June 30, 2023. The results in this press release are presented on a continuing operations basis. Second quarter 2023 highlights • Revenue increased 17% to $1.53 billion; organic revenue +9% • GAAP DEPS increased 59% to $3.36; adjusted DEPS +20% to $4.12 • GAAP net earnings were $361 million • Adjusted EBITDA increased 20% to $617 million •

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accession 0000882835-23-000039

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