Roper Q2 2024 revenue up 12% to $1.72B; adjusted DEPS up 9% to $4.48, raises FY guidance

ROPER TECHNOLOGIES INC

2024-Q2 EPS reported $6.66 revenue$3,397,500,000

Revenue $1.72B (+12% YoY), organic +4%; GAAP DEPS $3.12 (-7%), adjusted DEPS $4.48 (+9%).
Adjusted EBITDA $695M (+13%); operating cash flow $384M (+20%); free cash flow $367M.
Full year 2024 adjusted DEPS guidance raised to $18.10-$18.25 from $18.05-$18.25; Q3 guidance $4.50-$4.54.
Trailing-twelve-month adjusted free cash flow $2.1B, representing 32% of revenue.
CEO cites improving demand for enterprise software partially offset by production timing at Neptune.

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