Fortive (FTV) Tops Q1 EPS by 3c, Offers Guidance

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Fortive Reports Strong First Quarter 2021 Results; Raises Full-Year 2021 Revenue and EPS Guidance

April 29, 2021 4:15 PM EDT

Continued top-line improvement; total revenue up 13.6%, core revenue up 9.1% SaaS growth momentum driving performance of broader software offerings Strong core operating margin expansion (OMX) across all three segments Accelerating investments in data analytics and early-stage innovation projects

 

EVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE: FTV) today announced results for the first quarter 2021.

For the first quarter ended April 2, 2021, net earnings from continuing operations were $111.7 million. For the same period, adjusted net earnings from continuing operations were $229.1 million.... More