Roper Technologies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 06:55 am EDT
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Roper Technologies, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 1,526.6 million compared to USD 1,376.1 million a year ago. Net income was USD 2,020.5 million compared to USD 289 million a year ago. Basic earnings per share from continuing operations was USD 2.72 compared to USD 2.57 a year ago. Diluted earnings per share from continuing operations was USD 2.7 compared to USD 2.55 a year ago. Basic earnings per share was USD 19.13 compared to USD 2.75 a year ago. Diluted earnings per share was USD 18.94 compared to USD 2.73 a year ago.
Roper Technologies Inc. is a diversified group organized around 4 families of products:
- scientific and industrial imaging products (29.7% of net sales): digital imaging products and software, medical products, handheld and vehicle mounted computers, etc.;
- industrial technology products (29.6%): industrial pumps, flow measurement and metering equipment, industrial valves and controls, equipment for materials analysis, etc.;
- radio frequency products (28.5%): toll systems and traffic control devices, security and access control systems, campus card systems, mobile asset tracking systems, remote temperature monitoring systems, etc.;
- energy and control systems (12.2%): control systems, fluid properties testing equipment, sensors, non-destructive inspection and measurement instruments, etc.