Roper Technologies (ROP) Tops Q2 EPS by 27c, Revenues Beat; Offers 3Q EPS Guidance Below Consensus, Provides FY20 EPS Outlook

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Go back to Roper Technologies (ROP) Tops Q2 EPS by 27c, Revenues Beat; Offers 3Q EPS Guidance Below Consensus, Provides FY20 EPS Outlook

Roper Technologies Announces Second Quarter Results

July 28, 2020 6:55 AM EDT

SARASOTA, Fla., July 28, 2020 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP), a leading diversified technology company, reported financial results for the second quarter ended June 30, 2020.

Second quarter GAAP and adjusted revenue each decreased 2% to $1.30 billion and $1.31 billion, respectively. Organic revenue decreased 3%. GAAP and adjusted gross margin were 64.7%, expanding 80 basis points and 70 basis points, respectively. GAAP diluted earnings per share (DEPS) was $2.08 and adjusted DEPS was $2.94.

I am extremely proud of our business leaders for prioritizing the health and safety of our employees... More