ROP - Why Software & Technology Company Roper Shares Are Down Today | Benzinga
Roper Technologies Inc (NASDAQ:ROP) shares are trading lower after it reported fourth-quarter FY23 results.
Revenue increased 13% Y/Y to $1.61 billion, beating the analyst consensus estimate of $1.58 billion.
Gross profit increased to $1.125 billion from $1.002 billion a year ago. Operating income climbed to $462.8 million from $412.5 million the prior year quarter.
Adjusted EBITDA rose 11% Y/Y to $659 million, while the adjusted EBITDA margin contracted 60 basis points to ...