Core Insights - Roper Technologies reported $1.76 billion in revenue for Q3 2024, a year-over-year increase of 12.9% and an EPS of $4.62 compared to $4.32 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] Revenue Performance - Revenue from Network Software & Systems was $367.10 million, slightly below the average estimate of $370.74 million, with a year-over-year change of +0.8% [2] - Revenue from Technology Enabled Products reached $413.10 million, surpassing the average estimate of $408.15 million, reflecting a year-over-year increase of +4.3% [2] - Revenue from Application Software was $984.40 million, significantly above the average estimate of $943.55 million, showing a year-over-year growth of +22.5% [2] Operating Profit - Operating profit for Application Software was $259.80 million, exceeding the average estimate of $256.60 million [2] - Operating profit for Technology Enabled Products was $141.10 million, above the average estimate of $135.55 million [2] - Operating profit for Network Software & Systems was $166 million, slightly below the average estimate of $166.41 million [2] Stock Performance - Shares of Roper Technologies have remained unchanged over the past month, while the Zacks S&P 500 composite increased by +2.7%, with the stock currently holding a Zacks Rank 2 (Buy) [3]

More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocation policy, and, most importantly, reasonable valuation. I do not chase quarterly results, nor do I follow the herd mentality. I do not use short-term stock performance as the measure of a company' ...

Roper Technologies (ROP) came out with quarterly earnings of $4.62 per share, beating the Zacks Consensus Estimate of $4.53 per share. This compares to earnings of $4.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.99%. A quarter ago, it was expected that this industrial equipment maker would post earnings of $4.46 per share when it actually produced earnings of $4.48, delivering a surprise of 0.45%.Over the last four qua ...

Roper Technologies announces third quarter financial results Sarasota, Florida, October 23, 2024 ... Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the third quarter ended September 30, 2024. The results in this press release are presented on a continuing operations basis. Third quarter 2024 highlights • Revenue increased 13% to $1.76 billion; organic revenue increased 4% • GAAP DEPS increased 6% to $3.40; adjusted DEPS increased 7% to $4.62 • GAAP net earnings increased 6% to $368 mi ...

Core Insights - Roper Technologies reported a strong financial performance for Q3 2024, with total revenue growth of 13% to $1.76 billion and organic revenue growth of 4% [2][3] - The company increased its full-year guidance for adjusted diluted earnings per share (DEPS) to a range of $18.21 - $18.25, up from the previous guidance of $18.10 - $18.25 [3] - The acquisition of Transact Campus was completed during the quarter, enhancing Roper's portfolio with high-quality vertical software businesses [2] Financial Performance - Revenue for Q3 2024 was $1.76 billion, a 13% increase from $1.56 billion in Q3 2023 [6] - GAAP net earnings rose 6% to $368 million, while adjusted net earnings increased 7% to $499 million [2][7] - Adjusted EBITDA grew by 10% to $717 million, representing 40.7% of revenue [6][9] Earnings Per Share - GAAP DEPS for Q3 2024 was $3.40, a 6% increase from $3.21 in Q3 2023 [8] - Adjusted DEPS increased by 7% to $4.62 compared to $4.32 in the same quarter last year [8] Cash Flow - Operating cash flow for Q3 2024 was $755 million, a 20% increase from $631 million in Q3 2023 [9] - Adjusted operating cash flow rose 17% to $755 million [9] Guidance Update - The company expects full-year 2024 adjusted DEPS of $18.21 - $18.25 and total revenue growth of over 13% [3] - For Q4 2024, adjusted DEPS is projected to be between $4.70 and $4.74 [3] Acquisition Strategy - The acquisition of Transact Campus is expected to create significant value for shareholders and aligns with Roper's disciplined capital deployment strategy [2][3]

Core Viewpoint - Roper Technologies (ROP) is expected to report a quarterly earnings per share (EPS) of $4.53, reflecting a year-over-year increase of 4.9%, with revenues projected at $1.72 billion, a 10.2% increase compared to the previous year [1] Group 1: Earnings and Revenue Estimates - Analysts forecast Roper Technologies' quarterly EPS to be $4.53, indicating a 4.9% increase year-over-year [1] - Revenue is anticipated to reach $1.72 billion, showing a 10.2% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1] Group 2: Key Revenue Metrics - Revenue from 'Network Software & Systems' is estimated at $370.74 million, reflecting a 1.8% increase from the prior-year quarter [2] - 'Technology Enabled Products' revenue is projected at $408.15 million, indicating a 3.1% increase year-over-year [2] - 'Application Software' revenue is expected to reach $943.55 million, suggesting a significant 17.4% increase compared to the previous year [2] Group 3: Operating Profit Estimates - The consensus estimate for 'Operating Profit- Application Software' is $255.00 million, up from $206.90 million in the same quarter last year [3] - 'Operating Profit- Technology Enabled Products' is projected at $134.86 million, slightly down from $137.10 million reported in the same quarter last year [3] - Analysts estimate 'Operating Profit- Network Software & Systems' to be $166.18 million, compared to $164.40 million in the previous year [3] Group 4: Stock Performance - Over the past month, Roper Technologies shares have returned +0.5%, while the Zacks S&P 500 composite has increased by +3.8% [3] - ROP currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [3]

ITHACA, N.Y., Oct. 09, 2024 (GLOBE NEWSWIRE) -- CBORD, a leading provider of integrated technology solutions powering access, foodservice, nutrition, commerce, and card systems for higher education, acute healthcare, senior living, and business campuses, is thrilled to announce its CBORD Online Transaction Processing solution has achieved StateRAMP Authorization, reaffirming its commitment to data security and compliance. StateRAMP, a nationally recognized risk authorization management program, provides a s ...

Group 1 - Roper Technologies, Inc. will release its financial results for Q3 2024 on October 23, 2024, before market opens [1] - A conference call to discuss the financial results is scheduled for 8:00 AM ET on the same day, accessible via webcast or phone [1] - The company is a constituent of Nasdaq 100, S&P 500, and Fortune 1000, indicating its significant market presence [2] Group 2 - Roper Technologies has a long-term track record of compounding cash flow and shareholder value [2] - The company operates in niche markets, designing and developing vertical software and technology-enabled products [2] - Roper employs a disciplined approach to redeploy excess capital towards high-quality acquisitions [2]

Group 1: Company Performance - Roper Technologies, Inc. (ROP) is experiencing strong performance in its Application Software segment, particularly in Deltek, Vertafore, Strata, and Aderant, driven by SaaS adoption and GenAI innovation, with organic revenues increasing by 5% year over year in Q2 2024 [1] - The Network Software segment also showed solid momentum, with organic revenues rising by 2% year over year in the same quarter [1] - The Technology Enabled Products segment's organic revenues grew by 5% in Q2 2024, supported by demand for ultrasonic meters and meter data management software [2] Group 2: Acquisitions and Growth Strategy - Roper is focused on acquisitions to access new customers, regions, and product lines, completing the acquisition of Procare Solutions in February 2024 to enhance its education sector software offerings [3] - The acquisition of Syntellis Performance Solutions in August 2023 strengthened Roper's Strata Decision Technology business [3] - In August 2024, Roper announced the acquisition of Transact Campus for $1.5 billion, which will enhance its CBORD business through expertise in campus technology and payment solutions [4] Group 3: Financials and Shareholder Returns - Roper paid out $160.6 million in dividends in the first half of 2024, reflecting a 10.9% year-over-year increase, and raised its quarterly dividend by 10% in November 2023 [5] - The company expects total revenues to increase by 12% in 2024 compared to the previous year, with organic revenues projected to rise by 6% [2] Group 4: Cost and Debt Concerns - Roper is facing rising costs, with cost of sales increasing by 11.8% and SG&A expenses rising by 12% year over year in the first half of 2024 [7] - The company reported long-term debt of $6.92 billion at the end of Q2, with a current portion of long-term debt totaling nearly $500 million, which exceeds its cash equivalents of $251.5 million [9]

ATLANTA, Sept. 16, 2024 (GLOBE NEWSWIRE) -- IntelliTrans, a leader in global multimodal solutions for optimizing transportation management for bulk and break-bulk industries, announces that Rhonda Shults and June Lee are named recipients of the 2024 Women in Supply Chain Award from Supply & Demand Chain Executive and Food Logistics magazines. Rhonda Shults is named in the Trailblazers category, which honors female leaders who continue to pave the way for future females in logistics. June Lee is named in the ...