00:00Roper Technologies surged 9.76% today. What happened?
00:05The jump came after the company reported third-quarter results
00:09and raised its full-year adjusted earnings guidance.
00:13In an SEC filing, Roper said revenue increased 8% to $2.17 billion,
00:20while organic revenue grew 7%.
00:24Adjusted earnings per share rose 15% to $5.89,
00:30slightly above the $5.85 estimate.
00:34Gap net earnings increased 22% to $485 million,
00:40and adjusted EBITDA climbed 7% to $864 million,
00:46giving investors a stronger earnings report alongside the guidance increase.
00:52Technology fell 3.29% today, so this move ran against its own sector.
00:58A new post-market recap every trading day.
