ROP Stock Recent News
ROP LATEST HEADLINES
Roper (ROP) stands to benefit from strength in its Application Software segment, acquired assets and improving supply chains.
The Zacks Computers - IT Services Industry participants like Roper Technologies (ROP), Check Point Software (CHKP), Vertiv (VRT) and Wix.com (WIX) are benefiting from ongoing digitization, strong demand for hybrid working solutions and improving IT spending.
SARASOTA, Fla., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) announced that it is presenting at the Goldman Sachs Communacopia + Technology Conference on Wednesday, September 6, 2023 at 8:10 AM (Pacific Time), at the Palace in San Francisco, CA. A link to the webcast presentation will be available in the “Investors” section of the Company's website at www.ropertech.com .
Roper's (ROP) acquisition of Syntellis expands its Strata Decision Technology business and is expected to contribute around $185 million to its revenues in 2024.
Roper Technologies has transformed from an industrial company to a technology company, focusing on software and tech-based products, and has seen its share price rise by over 25% in the past year. The company has shown consistent growth in revenues, EBITDA, and free cash flow, and is a dividend aristocrat with a track record of 30 consecutive annual hikes despite a low yield of 0.6%. Roper's recent strong earnings report and positive outlook, coupled with its transformation into an asset-light business with substantial recurring revenues, make it an attractive prospect for the long term.
Roper's (ROP) Q2 results reflect growth across all segments. Management raises its earnings per share view for 2023.
Roper Technologies (ROP) came out with quarterly earnings of $4.12 per share, beating the Zacks Consensus Estimate of $4 per share. This compares to earnings of $3.95 per share a year ago.
Roper's (ROP) Q2 earnings are expected to have benefited from robust customer demand and a strong pipeline of orders. However, supply chain issues and cost inflation might have weighed on performance.
Strength across the Application Software segment due to growth in Deltek, Vertafore and Aderant businesses augurs well for Roper (ROP). The Frontline acquisition bolsters the company's growth.
SARASOTA, Fla., June 21, 2023 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP) announced that its financial results for the second quarter of 2023, ended June 30, 2023, will be released before the market opens on Friday, July 21, 2023. A conference call to discuss these results has been scheduled for 8:00 AM ET on Friday, July 21, 2023. The call can be accessed via webcast or by dialing +1 844-750-4898 (US/Canada) or +1 412-317-5294, using confirmation number 10180010. Webcast information and conference call materials will be made available in the Investors section of Roper's website prior to the start of the call.