Roper Industries (ROP) PT Lowered to $575 at Argus, 'Recent weakness offers buying opportunity'
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Roper Technologies announces first quarter financial results
April 26, 2024 10:39 AM EDTSARASOTA, Fla., April 26, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the first quarter ended March 31, 2024. The results in this press release are presented on a continuing operations basis.
First quarter 2024 highlights
Revenue increased 14% to $1.68 billion; organic revenue increased 8%GAAP DEPS increased 33% to $3.54; adjusted DEPS increased 13% to $4.41GAAP net earnings increased 34% to $382 millionAdjusted EBITDA increased 16% to $676 millionOperating cash flow increased 14% to $531 million"We had a great start to 2024,... More
