Fortive(FTV) - 2024 Q3 - Quarterly Results
Fortive(FTV)2024-10-30 11:33
Exhibit 99.1 Fortive Reports Strong Third Quarter 2024 Results Raises Full Year 2024 Outlook • Strong earnings and cash flow performance, above the high-end of Q3 guidance • Delivered consistent revenue growth of 3% year-over-year to $1.54 billion • Operating profit margin was 19%, with adjusted operating profit margin of 27%, up 90 bps yearover-year • GAAP diluted EPS of $0.63, adjusted diluted EPS of $0.97, up 14% year-over-year; reported operating cash flow of $459 million and free cash flow of $431 mill ...