Roper Technologies (ROP) Tops Q2 EPS by 9c, Offers Guidance for FY and Q3
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Roper Technologies Announces Record Second Quarter Results and Increases Full Year Guidance
July 23, 2021 6:55 AM EDTSARASOTA, 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
