Roper Q1 2022 Earnings Report
Key Takeaways
Roper Technologies reported strong first-quarter results with an 11% increase in both GAAP and adjusted revenue, reaching $1.53 billion. Organic revenue also grew by 11%. GAAP diluted EPS increased by 6% to $2.70, and adjusted diluted EPS rose by 10% to $3.77. The company has increased its full-year adjusted DEPS guidance to $15.50 - $15.75.
GAAP and adjusted revenue increased by 11% to $1.53 billion.
GAAP diluted EPS was $2.70, a 6% increase, and adjusted diluted EPS was $3.77, a 10% increase.
Organic revenue grew 11% due to broad-based strength and double-digit software recurring revenue growth.
Full year 2022 adjusted DEPS guidance was increased to $15.50 - $15.75.
Roper
Roper
Roper Revenue by Segment
Forward Guidance
Roper expects full year 2022 adjusted DEPS of $15.50 - $15.75. For the second quarter of 2022, the Company expects adjusted DEPS of $3.80 - $3.84.
Revenue & Expenses
Visualization of income flow from segment revenue to net income