Roper Technologies (ROP) Tops Q3 EPS by 22c, Offers Guidance

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Go back to Roper Technologies (ROP) Tops Q3 EPS by 22c, Offers Guidance

Roper Technologies Announces Third Quarter Financial Results and Increases Full Year Guidance

October 26, 2022 6:55 AM EDT

SARASOTA, Fla., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP) reported financial results for the third quarter ended September 30, 2022. Unless otherwise noted, the results and guidance in this press release are presented on a continuing operations basis.

Third quarter GAAP and adjusted revenue increased 10% to $1.35 billion, with organic revenue also increasing 10%. GAAP diluted earnings per share (DEPS) was $2.59, a 31% increase, and adjusted DEPS was $3.67, an 18% increase.

Adjusted EBITDA increased 12% to $555 million and adjusted EBITDA margin increased 80 basis points to 41.1%. GAAP operating cash flow was $219... More