Roper Tech Q3 Earnings: 13% Revenue Growth, Higher Cash Flow, Lifts Full-Year Outlook

Roper Technologies Inc (NASDAQ:ROP) reported fiscal third-quarter 2024 revenue growth of 13% year-on-year to $1.77 billion, beating the analyst consensus estimate of $1.73 billion.

Adjusted EPS of $4.62 beat the analyst consensus estimate of $4.53.

Gross profit increased to $1.222 billion from $1.096 billion a year ago.

Operating income increased to $496.6 million from $446.1 million the prior quarter.

Adjusted EBITDA rose 10% year over year to $717 million, and the margin declined by 100 basis points to 40.7%.

Operating cash flow for ...