Fortive (FTV) Tops Q4 EPS by 8c

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Fortive Reports Fourth Quarter 2020 Results

February 4, 2021 4:15 PM EST

Continued sequential improvement drove total revenue growth of 4.9%, including a return to positive core revenue growth of 0.7% Top-line performance supported by strong SaaS revenue growth Strong core operating margin expansion (OMX), with positive core OMX at all segments Operating cash flow +33% Y/Y to $329M; free cash flow +39% Y/Y to $313M

EVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE: FTV) today announced results for the fourth quarter 2020.

For the fourth quarter ended December 31, 2020, net earnings from continuing operations were... More