Fortive (FTV) Tops Q2 EPS by 7c

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Go back to Fortive (FTV) Tops Q2 EPS by 7c

Fortive Reports Strong Second Quarter 2021 Results; Raises 2021 Revenue, Operating Profit Margin and EPS Guidance

July 29, 2021 4:15 PM EDT

Strong revenue growth; total revenue up 26.7%, core revenue up 21.3% Broad-based strengthening across the portfolio, led by Fluke and Tektronix Software businesses delivered low double digit SaaS growth Revenue outperformance and strong core OMX drove excellent free cash flow

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

For the second quarter ended July 2, 2021, net earnings from continuing operations were $182.0 million. For the same period, adjusted net earnings from continuing operations were $238.8 million.... More