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Jun 30, 2023
Roper Q2 2023 Earnings Report
Reported a revenue increase of 17%, with organic revenue growth of 9% and GAAP DEPS increased by 59%.
Key Takeaways
Roper Technologies reported strong second-quarter results, with a 17% increase in total revenue and a 9% increase in organic revenue. GAAP DEPS increased by 59% and adjusted DEPS increased by 20%. The company has raised its full-year adjusted DEPS guidance.
Revenue increased 17% to $1.53 billion; organic revenue +9%
GAAP DEPS increased 59% to $3.36; adjusted DEPS +20% to $4.12
GAAP net earnings were $361 million
Adjusted EBITDA increased 20% to $617 million
Roper
Roper
Roper Revenue by Segment
Forward Guidance
Roper now expects full year 2023 adjusted DEPS of $16.36 - $16.50, compared to previous guidance of $16.10 - $16.30. For the third quarter of 2023, the Company expects adjusted DEPS of $4.16 - $4.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income