Roper Industries (ROP) Tops Q2 EPS by 2c, Raises Outlook

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Roper Technologies Announces Second Quarter Results

July 31, 2017 6:55 AM EDT

GAAP Revenue Increased 22%; Adjusted Revenue Increased 23%

Raising Full Year Adjusted DEPS Guidance

SARASOTA, Fla., July 31, 2017 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP), a diversified technology company, reported financial results for the second quarter ended June 30, 2017.

Roper reports results including revenue, gross margin, operating margin, net income, and diluted earnings per share (DEPS) on a GAAP basis and an adjusted basis.

Second quarter GAAP revenue increased 22% to $1.13 billion and adjusted revenue grew 23% to $1.15 billion. GAAP gross margin... More