secwatch.observer — SEC 8-K summary
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Issuer:     Fortive Corp (FTV)
CIK:        0001659166
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001659166-23-000147
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortive Q1 revenue $1.46B (+6% YoY), adj EPS $0.75 (+7%); raises FY guidance low end
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- Q1 revenue $1.46B (+6% YoY, +9% core); GAAP EPS $0.49, adj EPS $0.75 (+7%).
- Raises low end of FY2023 guidance: adj EPS $3.29-$3.40 (up 4%-8%); GAAP EPS $2.33-$2.44.
- Q2 guidance: revenue ~$1.5B, adj EPS $0.78-$0.82, GAAP EPS $0.52-$0.56.
- Pat Murphy (AHS President) retiring by Dec 31; Tami Newcombe to lead both PT and AHS segments from July 1.
- Andrew McCauley promoted to Group President, Sensing Technologies effective July 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1659166/000165916623000147/0001659166-23-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1659166/000165916623000147/ftv-20230424.htm
  HTML page:      https://secwatch.observer/filing/0001659166-23-000147

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer