Welcome to our dedicated page for Fortive news (Ticker: FTV), a resource for investors and traders seeking the latest updates and insights on Fortive stock.
Fortive Corp (FTV) operates at the forefront of industrial technology innovation, providing mission-critical solutions across manufacturing, healthcare, and electronics sectors. This news hub offers investors and industry professionals a comprehensive view of corporate developments through verified press releases and strategic updates.
Access real-time information on earnings announcements, product launches, and operational milestones directly impacting Fortive's market position. Our curated collection ensures you stay informed about advancements in sensing technologies, field instrumentation, and industrial automation solutions that drive the company's growth.
The page features essential updates including quarterly financial results, leadership changes, partnership announcements, and regulatory filings. Each entry provides context about how developments align with Fortive's focus on operational excellence and diversified industrial applications.
Bookmark this resource for streamlined access to objective, up-to-date information about Fortive's technological innovations and business strategies. Regularly updated content helps stakeholders make informed decisions by tracking the company's progress in key markets and emerging technologies.
Jane is evolving from a deals platform to a boutique marketplace, enhancing its tech stack and leadership team to support this shift. Newly appointed COO Laura Ravo, with extensive retail experience, will oversee marketplace operations. Krista Kochivar joins as CFO, bringing over 20 years of financial expertise from public companies. CEO Joana McKenna emphasizes the importance of these appointments for growth and customer experience. These strategic changes aim to place Jane as a leading destination for boutique shoppers.
Fortive (FTV) reported robust Q2 2022 financial results, achieving 11% revenue growth year-over-year, totaling $1.46 billion. Core revenue rose by 9%, demonstrating effective mitigation of COVID-related impacts, particularly from the Shanghai lockdown. Adjusted diluted EPS increased by 18% to $0.78. The company narrowed its full-year revenue forecast to $5.78-$5.83 billion and raised core growth outlook to 8-9.5%. Notably, Fortive recorded a $16.2 million charge due to exiting the Russian market, but continued to see strong demand in workflow solutions.
Fortive Corporation (NYSE: FTV) announced it will webcast its earnings conference call for Q2 2022 on July 28, 2022, at 12:00 p.m. ET. This call will be available on the company’s website, along with a presentation. The earnings press release and related materials will also be posted on the 'Investors' section of Fortive’s website. Currently, Fortive is in a 'quiet period' until the earnings release date, meaning no interaction with the investment community will occur during this time.
Fortive Corporation (NYSE: FTV) announced that CEO James A. Lico and Precision Technologies CEO Tami S. Newcombe will present at the Wolfe Research 15th Annual Global Transportation & Industrials Conference on May 24, 2022, at 10:20 a.m. ET. The presentation will be webcast live and archived on Fortive's official website. Fortive specializes in connected workflow solutions across various sectors, employing over 18,000 individuals globally, with a strong focus on innovation and continuous improvement.
Fortive Corporation (NYSE: FTV) reported a 9.3% increase in Q1 revenue year-over-year, totaling $1.4 billion, with core revenue growth of 5.3%. The company delivered GAAP diluted EPS of $0.45 and adjusted diluted EPS of $0.70. Cash flow from operations grew 41% and free cash flow grew 36% year-over-year. Fortive raised its 2022 outlook, projecting GAAP EPS between $2.07 and $2.16, up 25%-31%, and adjusted EPS of $3.04 to $3.13, up 11%-14%. Key acquisitions are expected to drive further growth.
Fortive Corporation (NYSE: FTV) announced a webcast of its earnings conference call for Q1 2022, scheduled for April 28, 2022, at 12:00 p.m. ET. The call will last approximately one hour and will be accessible via Fortive's website. A replay will also be available shortly after the call and until May 12, 2022. Fortive is currently in a 'quiet period' until the earnings release date, meaning no investor communications will occur during this time. The company, headquartered in Everett, Washington, focuses on connected workflow technologies across diverse markets.
Fortive Corporation (NYSE: FTV) declared a quarterly cash dividend of $0.07 per share, payable on June 24, 2022, to stockholders of record on May 27, 2022. This announcement underscores Fortive's commitment to returning value to its shareholders. While the company anticipates maintaining a quarterly dividend schedule, future declarations are subject to Board discretion. Fortive operates in essential technology markets, employing over 18,000 staff worldwide, and is headquartered in Everett, Washington.
Fortive Corporation (NYSE:FTV) announced that its President and CEO, James A. Lico, will present at the Bank of America Global Industrials Conference on March 15, 2022, at 4:50 a.m. ET. The presentation will be available via audio webcast and archived on Fortive's website. Fortive provides essential technologies across multiple end-markets, supported by a dedicated workforce of over 18,000 employees globally. The company focuses on continuous improvement and operates under the Fortive Business System.
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