Roper Technologies reports Q2 adjusted EPS $4.12, consensus $3.99

Reports Q2 revenue $1.53B, consensus $1.5B.”Our businesses continued to deliver excellent results in the second quarter, highlighted by 17% total revenue growth, 9% organic revenue growth, and 17% free cash flow growth,” said Neil Hunn, Roper Technologies’ President and CEO. “Roper’s strong second quarter and first half performance were fueled by broad-based contributions across our diversified portfolio of market leading software and technology enabled product businesses that provide mission critical solutions for our customers. The enhanced quality of our enterprise, ongoing expansion of our recurring revenue base, and continued positive momentum across our businesses provide the foundation for our increased full year outlook,” said Mr. Hunn. “With substantial M&A firepower, we continue to evaluate many high-quality acquisition opportunities and remain well positioned to deploy capital utilizing our disciplined and process-driven methodology.”