Roper Technologies (ROP) Tops Q1 EPS by 9c; Offers FY22 EPS Guidance
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Roper Technologies Announces First Quarter Financial Results and Increases Full Year Guidance
April 26, 2022 6:55 AM EDTSARASOTA, Fla., April 26, 2022 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP) reported financial results for the first quarter ended March 31, 2022. Unless otherwise noted, the results and guidance in this press release are presented on a continuing operations basis.
First quarter GAAP and adjusted revenue increased 11% to $1.53 billion, with organic revenue also increasing 11%. GAAP diluted earnings per share (DEPS) was $2.70, a 6% increase, and adjusted DEPS was $3.77, a 10% increase.
Adjusted EBITDA increased 8% to $577 million and adjusted EBITDA margin was 37.8%. Operating cash flow was $474 million and free... More
