Ground fault locator eliminates time-consuming fault hunts by reducing disconnections and brute-force testing individual strings, helping solar technicians work faster and safer New Fluke GFL-1500 Quickly Locates Ground Faults to Boost Solar System Uptime The Fluke GFL-1500 enables solar technicians to locate ground faults quickly, safely, using non-contact tracing New Fluke GFL-1500 Quickly Locates Ground Faults to Boost Solar System Uptime The Fluke GFL-1500 enables solar technicians to locate groun ...

Dual recognition showcases eMaint’s depth across both maintenance execution and enterprise asset strategy eMaint Named a Leader in the Verdantix Green Quadrant for CMMS - One of Only Two Vendors Also Recognized for EAM eMaint Named a Leader in the Verdantix Green Quadrant for CMMS Norwich, UK, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Tuesday 2nd September, Norwich, UK – eMaint, which empowers reliability and maintenance teams with the Enterprise Asset Management software needed to optimize asset performance, t ...

Core Insights - Fluke Networks has launched the Versiv Data Center Kits aimed at enhancing the management of network complexity and minimizing downtime in hyperscale and enterprise data centers as the data center market is projected to exceed $622.4 billion by 2030 [1][4] Group 1: Product Features - The Versiv Data Center Kits are designed to identify and troubleshoot copper and fiber network connectivity issues proactively, ensuring data centers remain operational [1][9] - The kits include tools for maintaining high-density connections, which are critical in environments with thousands of fiber connections, reducing the risk of network failures [2][4] - Accessories supporting Very Small Form Factor (VSFF) connectors are introduced to increase connection density while maintaining performance, allowing for effective testing and cleaning of various fiber connectors [3][9] Group 2: Market Context - With over 9,000 data centers globally and the rapid growth driven by AI and cloud technologies, infrastructure teams face significant challenges, necessitating advanced tools for maintenance and troubleshooting [4] - The introduction of these kits reflects Fluke Networks' commitment to providing solutions that align with the fast-paced innovation in the data center industry [4][6] Group 3: Cost Efficiency - Customers purchasing the Versiv Data Center Kits as a complete set can save up to 15% compared to buying items individually, enhancing cost-effectiveness for data center operations [5]

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Core Insights - Fortive Corporation (FTV) reported second-quarter 2025 adjusted earnings per share (EPS) of 58 cents, missing the Zacks Consensus Estimate of 60 cents, but showing a year-over-year increase of 3.6% [1] - Revenues for the quarter declined by 0.4% year over year to $1.02 billion, surpassing the Zacks Consensus Estimate by 0.8% [1] - The company completed the spin-off of Ralliant, marking a strategic shift and aiming to accelerate profitable growth and maximize shareholder returns [3][4] Financial Performance - Adjusted gross profit decreased by 0.5% year over year to $650 million, with an adjusted operating margin of 26.7%, contracting by 40 basis points [10] - The Intelligent Operating Solutions segment generated revenues of $696.9 million, contributing 68.6% to total revenues, remaining almost flat year over year [6] - The Advanced Healthcare Solutions segment reported revenues of $319.5 million, down 1.3% year over year [6] Cash Flow and Shareholder Returns - As of June 27, 2025, cash and cash equivalents were $1.827 billion, up from $892.1 million as of March 28, 2025 [11] - Fortive generated an operating cash flow of $205 million for the second quarter, compared to $191.8 million in the previous quarter, and non-GAAP free cash flow was $180 million [11] - The company repurchased approximately $140 million worth of shares during the reported quarter, aligning with its capital deployment strategy [12] Future Outlook - Fortive anticipates third-quarter revenues to be roughly in line with the second quarter, with core revenue growth expected to be consistent with the first half [13] - The company projects fourth-quarter adjusted EPS to be significantly higher than the third quarter, while third-quarter adjusted EPS is expected to be slightly below second-quarter levels [15] - For the full year 2025, Fortive expects adjusted EPS from continuing operations to be in the range of $2.50 to $2.60 [15]

Fortive (FTV -2.32%), an industrial technology group with a focus on productivity and healthcare solutions, reported its Q2 2025 earnings on July 30, 2025. The most notable news in the release was the completion of its Ralliant (Precision Technologies) spin-off, alongside results showing stable GAAP revenues and earnings, but with modest declines from the prior year. Fortive reported GAAP revenue from continuing operations of $1,020 million, slightly ahead of the analyst estimate of $1,013.4 million in Q2 2 ...

Financial Data and Key Metrics Changes - The company delivered total revenue of just over $1 billion, down 0.4% year over year, with core revenue declining 0.7% [18][20] - Adjusted EPS was $0.58, up 4% year over year, driven by stable adjusted EBITDA and lower interest expenses [20][21] - Free cash flow for Q2 was $180 million, with trailing twelve-month free cash flow of $939 million, representing a 14% year-over-year increase [21][30] Business Line Data and Key Metrics Changes - Intelligent Operating Solutions segment saw revenue and core revenue growth essentially flat year over year, with adjusted gross profit at $461 million, down slightly from the prior year [22][24] - Advanced Healthcare Solutions segment delivered total revenue of $320 million, down 1.3% year over year, with adjusted gross margins increasing from just under 58% to just over 59% [26][28] Market Data and Key Metrics Changes - North America showed slight positive growth, while Western Europe, China, and Latin America experienced year-over-year declines [19][20] - The company noted that customer demand pressures were influenced by macroeconomic factors, including tariff uncertainty and constrained government spending [7][19] Company Strategy and Development Direction - The company is focused on executing its Fortive Accelerated strategy, which includes innovation acceleration, commercial acceleration, and enhancing recurring customer value [11][12] - The company is initiating guidance for continuing operations, reflecting a full-year outlook consistent with its new approach of providing clear and simplified guidance [8][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate macro pressures and emphasized the importance of the projects in the pipeline for government spending [50][51] - The company anticipates that the revenue slip experienced in Q2 will normalize in the coming quarters, with a strong outlook for the second half of the year [22][55] Other Important Information - The company received a $1.15 billion dividend from the Rallyant spinoff, which was used to pay down debt and fund share repurchases [30][31] - The gross tariff impact for Fortive's continuing operations is expected to be approximately $40 million to $55 million in 2025, with annualized impacts of $80 million to $120 million [29] Q&A Session Summary Question: Insights on second half moving pieces between Q3 and Q4 - Management confirmed that Q3 EPS is expected to be in the low to mid-50s range, with a sequential increase in Q4 driven by tax rate drops and tariff countermeasures [42][44] Question: Government spending and healthcare market outlook - Management noted that while government spending pressures exist, essential projects are still in the pipeline, and healthcare spending is expected to recover as reimbursement policies stabilize [50][51] Question: Clarification on organic sales growth expectations - Management indicated that organic sales growth in Q3 is expected to be consistent with the modest decline seen in Q2, with AHS facing high year-over-year comps [60][64] Question: Renewal rates for Gordian or iOS software - Management reported strong renewal rates across all software businesses, with a focus on expanding and cross-selling to enhance net dollar retention [67][68] Question: Rationale behind not providing high-level organic growth guidance - Management emphasized the intention to simplify communications with investors while maintaining focus on a multi-year value creation plan [73][74] Question: Approach to bolt-on acquisitions - Management clarified that there is a heightened level of scrutiny for bolt-on acquisitions, with a focus on ensuring that each deal meets high strategic and financial criteria [78][79]

Financial Data and Key Metrics Changes - The company delivered adjusted EPS of $0.90 for the final quarter as a consolidated entity, with an 8% growth in trailing twelve months adjusted free cash flow [7][8] - For continuing operations, adjusted EPS was $0.58, reflecting a 4% year-over-year increase, and trailing twelve months free cash flow grew 14% to $939 million [19][20] - Total revenue for Q2 was just over $1 billion, down 0.4% year-over-year, with core revenue declining 0.7% [17][18] Business Line Data and Key Metrics Changes - Intelligent Operating Solutions (IOS) segment saw flat revenue and core revenue growth year-over-year, with adjusted gross profit at $461 million, down slightly from the prior year [21][23] - Advanced Healthcare Solutions (AHS) segment reported total revenue of $320 million, down 1.3% year-over-year, with adjusted gross margins increasing from just under 58% to just over 59% [25][26] Market Data and Key Metrics Changes - North America showed slight positive growth, while Western Europe, China, and Latin America experienced year-over-year declines [18][19] - The company noted that customer demand pressures were influenced by macroeconomic factors, including tariff uncertainty and constrained government spending [7][18] Company Strategy and Development Direction - The company is focused on executing its "Fortive Accelerated" strategy, which aims to drive faster profitable growth and strong shareholder value creation [11][15] - The company is activating its bolt-on M&A engine with a disciplined approach to evaluate deals based on relative returns [15][76] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate macroeconomic challenges and emphasized the importance of their capital allocation strategy [15][34] - The company anticipates a modest gross margin and EPS headwind in Q3 due to ongoing tariff impacts, but expects to mitigate these by Q4 [27][30] Other Important Information - The company received a $1.15 billion dividend from the Rallyant spinoff, which was used to pay down debt and fund share repurchases [28][29] - The company initiated full-year adjusted EPS guidance for New Fortive at $2.5 to $2.6 per share, reflecting current market dynamics [30][32] Q&A Session Summary Question: What is the expected EPS for Q3 and Q4? - Management indicated that Q3 EPS is expected to be in the low to mid-50s range, with a potential increase in Q4 due to tax rate drops and other factors [41][45] Question: How are the main end markets expected to perform? - Management noted that government spending pressures and healthcare reimbursement uncertainties impacted Q2, but they expect improvements in the second half of the year [46][50] Question: What is the approach to guidance and disclosure moving forward? - The company plans to provide annual adjusted EPS guidance updated quarterly, focusing on clarity and simplification in communications with investors [72][73] Question: How is the company handling bolt-on M&A? - The company is ready to pursue bolt-on acquisitions with a heightened level of financial and strategic scrutiny, ensuring that each deal meets high standards [76][78]

Q2 2025 Consolidated Financial Performance - Revenue decreased by 2.2% from $1,552 million in Q2 2024 to $1,519 million in Q2 2025[11] - Core growth declined by 2.5% compared to approximately flat growth in the previous year[11] - Adjusted EPS decreased by 3.2% year-over-year, from $0.93 to $0.90[11] - Adjusted Free Cash Flow increased to $297 million, compared to $280 million in the same quarter last year[11] - Trailing Twelve Month (TTM) Adjusted Free Cash Flow grew by 8.4% to $1,416 million[11] New Fortive Overview - New Fortive has approximately $4.1 billion in revenue[14] - The company's core growth 5-year Compound Annual Growth Rate (CAGR) is 4%[14] - Adjusted EBITDA margin is 29%[14] - Approximately 50% of revenue is recurring[14] - Free Cash Flow is approximately $0.9 billion[14] - Adjusted Gross Margin is 64%[14] Q2 2025 Continuing Operations Performance - Revenue decreased slightly by 0.4% from $1,020 million to $1,016 million[23] - Core growth declined by 0.7%[23] - Adjusted EPS increased by 3.6% from $0.56 to $0.58[23] - Trailing Twelve Month (TTM) Free Cash Flow grew by 13.6% to $939 million[23] Tariff Impact - Estimated total gross incremental tariff impact for the second half of 2025 is $40 million to $55 million[30] - The annualized impact of tariffs is estimated to be $80 million to $120 million[30]

Fortive (FTV) reported $1.02 billion in revenue for the quarter ended June 2025, representing a year-over-year decline of 34.5%. EPS of $0.58 for the same period compares to $0.93 a year ago. The reported revenue represents a surprise of +0.85% over the Zacks Consensus Estimate of $1.01 billion. With the consensus EPS estimate being $0.60, the EPS surprise was -3.33%. Here is how Fortive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analyst ...