Categories Earnings, Technology
Earnings Summary: Highlights of Roper Technologies (ROP) Q2 2023 results
Software company Roper Technologies, Inc. (NASDAQ: ROP) has announced financial results for the second quarter of 2023, reporting higher revenues and earnings.
- Second-quarter revenue increased 17% from last year to $1.53 billion; organic revenue was up 9%
- Net income, on an unadjusted basis, increased to $364.9 million or $3.40 per share in Q2 from $268.8 million or $2.52 per share last year
- Adjusted earnings increased 20% to $4.12 per share; at $617 million, second-quarter adjusted EBITDA was up 20%
- Operating cash flow came in at $320 million in the quarter; adjusted operating cash flow increased by 20%
- The company raised its full-year earnings per share guidance to $16.36-$16.50 from the earlier outlook of $16.10-$16.30
- For the third quarter of 2023, the company expects adjusted earnings per share to be between $4.16 and $4.20
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was