Roper Industries (ROP) Tops Q1 EPS by 4c; Issues Mixed Outlook

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Roper Technologies Announces First Quarter Results

April 25, 2016 6:55 AM EDT

SARASOTA, Fla., April 25, 2016 /PRNewswire/ -- Roper Technologies, Inc. (NYSE: ROP) reported financial results for the first quarter ended March 31, 2016.

Roper reports results, including revenue, operating margin, net income and diluted earnings per share, on a GAAP and adjusted basis.  Adjusted measures are reconciled to the corresponding GAAP measures at the end of this release. 

First quarter GAAP revenue increased 4% to $902 million and adjusted revenue grew 4% to $906 million.  GAAP diluted earnings per share (DEPS) were $1.48 and adjusted DEPS were $1.50. Orders increased 9% in the quarter and backlog increased 7% to a record $1.12 billion.  ... More