Roper (ROP) Q2 Earnings Beat, Application Software Sales Up Y/Y
Roper(ROP) ZACKS·2024-07-25 01:05
Roper Technologies' (ROP) second-quarter 2024 adjusted earnings of $4.48 per share surpassed the Zacks Consensus Estimate of $4.46. On a year-over-year basis, earnings increased 9%. Application Software's revenues totaled $931.8 million, representing 54.3% of the quarter's top line. Our estimate for the quarter was $917.4 million. On a year-over-year basis, the segment's revenues increased 21%. Organic revenues increased 5%. The growing adoption of SaaS solutions and continued GenAI innovation were key cata ...