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Fortive(FTV) - 2024 Q1 - Quarterly Results
FTVFortive(FTV)2024-04-24 11:33

Exhibit 99.1 Fortive Reports Strong First Quarter 2024 Results Raises Full Year 2024 Outlook EVERETT, WA, April 24, 2024 - Fortive Corporation ("Fortive") (NYSE: FTV) today announced financial results for the first quarter of 2024. For the first quarter, net earnings were 207million.Forthesameperiod,adjustednetearningswere207 million. For the same period, adjusted net earnings were 295 million, which excludes the 63milliongainonsaleofpropertyinourPrecisionTechnologiesSegment.Dilutednetearningspershareforthefirstquarterwas63 million gain on sale of property in our Precision Technologies Segment. Diluted net earnings per share for the first quarter was 0.58. For ...