Fortive (FTV) Announces Preliminary Expected Financial Results for Q3
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Fortive Announces Preliminary Expected Financial Results for the Fiscal Third Quarter Of 2020
October 5, 2020 7:00 AM EDTEVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE: FTV) today announced that, based on preliminary financial information, the company currently expects total revenue for the fiscal third quarter of 2020 to increase by approximately 2.0% on a year-over-year basis, above the guidance provided on September 9, 2020. Total revenue for the segments is expected to be as follows:
Professional Instrumentation total revenue is expected to increase by approximately 1.0%, versus previous guidance for a mid-single digit to low single digit year-over-year decline. Industrial Technologies total revenue is expected to increase by approximately 4.5%,... More