The Latest Breaking News from Roper

Roper Technologies has notably lagged behind the Nasdaq Composite over the past year and analysts remain cautiously optimistic about the stock’s prospects.

Although Roper Technologies has underperformed the broader market over the past year, Wall Street analysts remain moderately bullish on its future prospects.

Roper Technology has lagged behind the broader market over the past year, yet Wall Street is reasonably bullish about the stock's potential.

Roper Technologies Inc (NYSE:ROP) has agreed to sell a majority stake in its industrial businesses to affiliates of Clayton, Dubilier & Rice, LLC (CD&R) for cash proceeds of ~$2.6 billion while retaining a 49% minority interest in a new standalone entity. The following businesses are involved in the transaction: Alpha, AMOT, CCC, Cornell,…

Roper Technologies, Inc (NYSE:ROP) reported first-quarter FY22 revenue growth of 11% year-over-year to $1.53 billion, beating the consensus of $1.47 billion. Sales by segments: Application Software $631.5 million (+9.5% Y/Y), Network Software & Systems $368.7 million (+17.3% Y/Y), Measurement & Analytical Solutions $392.4 million (+6.2% Y/Y) and Process Technologies $134 million (+15.8% Y/Y). Gross…

Roper Technologies Inc (NYSE:ROP) reported fourth-quarter revenue growth of 13% year-over-year to $1.51 billion, beating the consensus of $1.50 billion. Sales by segments: Application Software $609 million (+11% Y/Y), Network Software & Systems $355.1 million (+14.7% Y/Y), Measurement & Analytical Solutions $412.8 million (+14.6% Y/Y) and Process Technologies $135.4 million (+15.6% Y/Y). Segment operating…