Roper Technologies reported strong second-quarter results with a 22% increase in both GAAP and adjusted revenue, reaching $1.59 billion. Organic revenue grew by 7%, and adjusted DEPS increased by 28% to $3.76. The company's solid cash flow allowed for significant debt reduction, and full-year adjusted DEPS guidance was raised to $15.00 - $15.20.
GAAP and adjusted revenue increased by 22% to $1.59 billion.
Organic revenue grew by 7% with broad-based contributions from all four segments.
Adjusted DEPS increased by 28% to $3.76.
Full-year adjusted DEPS guidance was increased to $15.00 - $15.20.
The Company now expects full year adjusted DEPS of $15.00 - $15.20, and for the third quarter of 2021, the Company expects adjusted DEPS of $3.80 - $3.84.
Visualization of income flow from segment revenue to net income