Roper Technologies (ROP) Tops Q2 EPS by 9c, Offers Guidance for FY and Q3

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Go back to Roper Technologies (ROP) Tops Q2 EPS by 9c, Offers Guidance for FY and Q3

Roper Technologies Announces Record Second Quarter Results and Increases Full Year Guidance

July 23, 2021 6:55 AM EDT

SARASOTA, Fla., July 23, 2021 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP), a leading diversified technology company, reported financial results for the second quarter ended June 30, 2021.

Second quarter GAAP and adjusted revenue increased 22% to $1.59 billion, while organic revenue increased 7%. GAAP and adjusted gross margin were 65.1%, expanding 40 basis points. GAAP diluted earnings per share (DEPS) was $2.69, a 29% increase, and adjusted DEPS was $3.76, a 28% increase.

EBITDA increased 26% to $579 million and EBITDA margin expanded 110 basis points to 36.4%. GAAP operating cash flow was $426 million. Adjusted free cash flow increased 30% to $409... More