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Sep 30, 2023
Roper Q3 2023 Earnings Report
Roper reported strong revenue growth and margin performance, driven by its market-leading technology businesses. The company increased its full-year outlook due to strong third-quarter results and continued demand for its software and product solutions.
Key Takeaways
Roper Technologies reported a 16% increase in revenue to $1.56 billion, with organic revenue growth of 6%. GAAP EPS increased by 24% to $3.21, and adjusted EPS increased by 18% to $4.32. The company's adjusted free cash flow for the quarter was $625 million, bringing the trailing-twelve-month free cash flow to $1.8 billion. Roper is increasing its full-year adjusted DEPS guidance to $16.62 - $16.66.
Revenue increased 16% to $1.56 billion; organic revenue increased 6%
GAAP DEPS increased 24% to $3.21; adjusted DEPS increased 18% to $4.32
GAAP net earnings were $346 million
Adjusted EBITDA increased 18% to $652 million
Revenue by Segment
Forward Guidance
Roper now expects full year 2023 adjusted DEPS of $16.62 - $16.66. For the fourth quarter of 2023, the Company expects adjusted DEPS of $4.28 - $4.32.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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