Roper Industries (ROP) Misses Q2 EPS by 5c; Trims FY16 Outlook

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Roper Technologies Announces Second Quarter Results

July 25, 2016 6:55 AM EDT

SARASOTA, Fla., July 25, 2016 /PRNewswire/ -- Roper Technologies, Inc. (NYSE: ROP) reported financial results for the second quarter ended June 30, 2016.

Roper reports results, including revenue, operating margin, net income and diluted earnings per share, on both a GAAP basis and an adjusted basis.  Adjusted measures are reconciled to the corresponding GAAP measures in the attached tables. 

Second quarter GAAP revenue increased 5% to $932 million and adjusted revenue grew 5% to $934 million.  GAAP diluted earnings per share (DEPS) were $1.54 and adjusted DEPS were $1.56.  Orders increased 9% in the quarter to $956 million, and backlog was... More