FTV - Why Industrial Conglomerate Fortive's Shares Are Sliding Today | Benzinga
Fortive Corporation (NYSE: FTV) reported Q3 2023 revenue growth of 2.6% year-over-year to $1.495 billion, missing the consensus of $1.518 billion.
Sales by segments: Intelligent Operating Solutions $644.3 million (+5% Y/Y), Precision Technologies $530.6 million (+1.32% Y/Y), and Advanced Healthcare Solutions $319.6 million (+0.3% Y/Y).
The company's adjusted operating margin is up 150 basis points to 26%, driven by substantial gross ...