Roper Tech Q3 Earnings: 13% Revenue Growth, Higher Cash Flow, Lifts Full-Year Outlook
Portfolio Pulse from Anusuya Lahiri
Roper Technologies Inc (NASDAQ:ROP) reported strong Q3 2024 results with a 13% revenue growth, beating estimates. The company raised its full-year guidance and completed a significant acquisition. Despite positive results, the stock is slightly down premarket.
October 23, 2024 | 2:44 pm
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Roper Technologies reported a 13% revenue growth in Q3, beating estimates, and raised its full-year guidance. The company completed the acquisition of Transact Campus, enhancing its offerings. Despite positive results, the stock is slightly down premarket.
Roper Technologies' strong Q3 performance, including revenue and EPS beats, along with an increased full-year guidance, is positive for the stock. The acquisition of Transact Campus further strengthens its business. However, the slight premarket decline suggests market expectations were high.
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