Roper Technologies (ROP) Tops Q4 EPS by 15c; Offers FY23 EPS Guidance
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Roper Technologies Announces 2022 Financial Results and Initiates 2023 Guidance
January 27, 2023 6:55 AM ESTSARASOTA, Fla., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP) reported financial results for the fourth quarter and full year ended December 31, 2022. Unless otherwise noted, the results and guidance in this press release are presented on a continuing operations basis.
Fourth Quarter 2022 Highlights
Revenue increased 14% to $1.43 billion; organic revenue increased 7%GAAP DEPS increased 48% to $2.32; adjusted DEPS increased 17% to $3.92GAAP net earnings were $247 millionAdjusted EBITDA was $592 millionGAAP operating cash flow of $56 million included $419 million of tax payments associated with divestiture transactions; adjusted... More