The company expects full year organic revenue growth of 5%-6%. The company’s guidance excludes the impact of unannounced future acquisitions or divestitures. "Roper is entering 2023 with continued positive momentum. The enhanced quality of our portfolio, increased recurring revenue mix, and sustained demand for our mission critical software and product solutions serve as durable tailwinds for the enterprise. The combination of a strong organic growth outlook, contributions from our 2022 acquisitions, and significant M&A firepower positions us well for double-digit cash flow compounding," said Neil Hunn, Roper Technologies’ President and CEO.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on ROP:
- Roper Technologies Announces 2022 Financial Results and Initiates 2023 Guidance
- Roper Technologies reports Q4 adjusted EPS $3.92, consensus $3.77
- Roper Technologies Schedules Fourth Quarter 2022 Financial Results Conference Call
- PowerPlan launches Data Hub APIs
- Save the Date: Roper Technologies Investor Day