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AI English summary of an SEC filing — figures as filed

Roper Technologies logoRoper Technologies ROP

The company said revenue for Q1 2024 rose 14% to $1.68 billion (organic growth of 8%), and GAAP net earnings from continuing operations rose 34% to $382 million.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for Q1 2024 rose 14% to $1.68 billion (organic growth of 8%), and GAAP net earnings from continuing operations rose 34% to $382 million.

  2. Roper reported adjusted EBITDA for Q1 2024 rose 16% to $676 million (40.2% of revenue), and adjusted DEPS rose 13% to $4.41. GAAP DEPS rose 33% to $3.54.

  3. The company said it presented full-year 2024 adjusted DEPS guidance of $18.05 to $18.25, versus previous guidance of $17.85 to $18.15. For Q2, it expects adjusted DEPS of $4.42 to $4.46. The guidance excludes the impact of unannounced future acquisitions or divestitures.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Roper Technologies Reports Q1 2024 Revenue and GAAP Net Earnings Growth

The company said revenue for Q1 2024 rose 14% to $1.68 billion (organic growth of 8%), and GAAP net earnings from continuing operations rose 34% to $382 million.

Source · Based on the filing body and exhibits

Adjusted EBITDA and Adjusted DEPS

Roper reported adjusted EBITDA for Q1 2024 rose 16% to $676 million (40.2% of revenue), and adjusted DEPS rose 13% to $4.41. GAAP DEPS rose 33% to $3.54.

Source · Based on the filing body and exhibits

Roper Raises Full-Year 2024 Adjusted DEPS Outlook

The company said it presented full-year 2024 adjusted DEPS guidance of $18.05 to $18.25, versus previous guidance of $17.85 to $18.15. For Q2, it expects adjusted DEPS of $4.42 to $4.46. The guidance excludes the impact of unannounced future acquisitions or divestitures.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.