Fortive(FTV) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Fortive Reports Strong Second Quarter 2024 Results Narrows Full Year 2024 Outlook • Delivered resilient earnings growth and operating cash flow despite delayed recovery • Revenue increase of 2% year-over-year to $1.55 billion • Operating profit margin was 19%, with adjusted operating profit margin of 27%, up 90 bps yearover-year • GAAP diluted EPS of $0.55, adjusted diluted EPS of $0.93, representing high-end of guidance; reported operating cash flow of $309 million and free cash flow of $280 m ...