Roper Industries (ROP) Tops Q4 EPS by 2c
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Roper Technologies Announces 2016 Financial Results
February 9, 2017 6:55 AM ESTSARASOTA, Fla., Feb. 9, 2017 /PRNewswire/ -- Roper Technologies, Inc. (NYSE: ROP), a diversified technology company, reported financial results for the fourth quarter and full year ended December 31, 2016.
Roper reports results including revenue, operating margin, net income and diluted earnings per share on a GAAP basis and an adjusted basis.
Fourth quarter GAAP diluted earnings per share (DEPS) were $1.78 and adjusted diluted earnings per share were $1.86. GAAP revenue and adjusted revenue each increased 7% to $1.011 billion and $1.018 billion, respectively. Orders increased 17% to $1.085 billion. Compared to the prior year, GAAP gross margin increased 60 basis... More
