secwatch.observer — SEC 8-K summary
======================================

Issuer:     Fortive Corp (FTV)
CIK:        0001659166
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001659166-23-000230
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortive reports Q3 revenue $1.49B (+2.6% YoY); adj. EPS $0.85 (+8%); narrows FY2023 outlook
--------------------------------------------------------------------------------

- Q3 revenue $1.49B, up 2.6% YoY (core +2.5%); operating margin expanded 220bps to 20%.
- GAAP diluted EPS $0.61 (+15% YoY); adjusted diluted EPS $0.85 (+8% YoY).
- Software ARR grew 9% YoY; all segments showed core growth.
- Full-year FY2023 outlook narrowed: revenue ~$6.0-6.1B, adjusted EPS $3.37-3.40.
- Q4 2023 guidance: revenue ~$1.6B, adjusted EPS $0.92-0.95.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1659166/000165916623000230/0001659166-23-000230-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1659166/000165916623000230/ftv-20231025.htm
  HTML page:      https://secwatch.observer/filing/0001659166-23-000230

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