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AI English summary of an SEC filing — figures as filed

Roper Technologies logoRoper Technologies ROP

The company said revenue for Q2 2024 rose 12% to $1.72 billion, organic revenue grew 4%, and adjusted EBITDA rose 13% to $695 million.

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

Key points

AI summary

  1. The company said revenue for Q2 2024 rose 12% to $1.72 billion, organic revenue grew 4%, and adjusted EBITDA rose 13% to $695 million.

  2. Roper Technologies said GAAP net earnings for Q2 fell 7% to $337 million, adjusted net earnings rose 9% to $483 million, GAAP DEPS was $3.12, and adjusted DEPS was $4.48.

  3. The company said operating cash flow for Q2 rose 20% to $384 million, adjusted free cash flow rose 24% to $367 million, and adjusted free cash flow for the trailing 12 months was $2.1 billion.

  4. Roper Technologies said it now expects full-year 2024 adjusted DEPS of $18.10 to $18.25, compared with its previous guidance of $18.05 to $18.25. It said adjusted DEPS for Q3 is expected to be $4.50 to $4.54.

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.

Q2 Revenue $1.72 billion, Adjusted EBITDA $695 million

The company said revenue for Q2 2024 rose 12% to $1.72 billion, organic revenue grew 4%, and adjusted EBITDA rose 13% to $695 million.

Source · Based on the filing body and exhibits

GAAP Net Earnings Down 7%, Adjusted Net Earnings Up 9%

Roper Technologies said GAAP net earnings for Q2 fell 7% to $337 million, adjusted net earnings rose 9% to $483 million, GAAP DEPS was $3.12, and adjusted DEPS was $4.48.

Source · Based on the filing body and exhibits

Q2 Operating Cash Flow $384 million, Free Cash Flow $367 million

The company said operating cash flow for Q2 rose 20% to $384 million, adjusted free cash flow rose 24% to $367 million, and adjusted free cash flow for the trailing 12 months was $2.1 billion.

Source · Based on the filing body and exhibits

Full-Year 2024 Adjusted DEPS Guidance $18.10 to $18.25

Roper Technologies said it now expects full-year 2024 adjusted DEPS of $18.10 to $18.25, compared with its previous guidance of $18.05 to $18.25. It said adjusted DEPS for Q3 is expected to be $4.50 to $4.54.

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.

View the original filing on SEC EDGAR ↗
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.