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 Corporation (NYSE: FTV) is an industrial technology company with strategic segments in Intelligent Operating Solutions and Advanced Healthcare Solutions. The Fortive news feed on Stock Titan aggregates company announcements, segment updates, and disclosures that illustrate how Fortive’s businesses operate across industrial measurement, calibration, and healthcare infection prevention.
Investors and observers can find news about Fortive’s earnings releases, including quarterly results and guidance updates, along with details on segment performance for Intelligent Operating Solutions and Advanced Healthcare Solutions. The company also issues announcements regarding capital allocation, such as regular quarterly dividends and share repurchase authorizations approved by its Board of Directors.
News from Fortive’s operating companies provides additional context on its industrial and healthcare footprint. Fluke Corporation, which describes itself as a world leader in compact, professional electronic test tools and software for measuring and condition monitoring, publishes updates on software-as-a-service offerings like CalStudio and research into unplanned downtime in industrial manufacturing. These releases shed light on how Fluke supports technicians, engineers, and maintenance professionals in managing industrial, electrical, and electronic equipment and calibration processes.
Within healthcare, Advanced Sterilization Products (ASP) issues news on infection prevention technologies, such as the ULTRA GI Cycle for the STERRAD 100NX Sterilizer with ALLClear Technology. ASP’s announcements highlight developments in hydrogen peroxide gas plasma sterilization for complex devices like duodenoscopes and describe collaborations with medical device manufacturers and partners in Europe.
By following this news page, readers can review Fortive’s official communications on financial performance, strategic actions such as the separation of Ralliant Corporation, and product and technology updates from its key brands. The feed provides a centralized view of Fortive’s ongoing activities in industrial technology and healthcare solutions.
Fortive Corporation (NYSE: FTV) reported a 12% year-over-year revenue growth in Q3 2022, reaching $1.46 billion. The company achieved a 20% growth in adjusted earnings per share, totaling $0.79. Net earnings from continuing operations were $190 million. Fortive raised its 2022 earnings outlook, projecting GAAP EPS between $2.05 and $2.07 and adjusted EPS between $3.10 and $3.13. Despite facing foreign exchange and supply chain challenges, the firm highlights robust performance and strong cash flow generation.
Fortive Corporation (NYSE: FTV) will host a webcast of its third-quarter earnings conference call on October 26, 2022, at 12:00 p.m. ET. The presentation is expected to last approximately one hour and will be available on Fortive's website under the 'Investors' section. A replay will be accessible for two weeks following the call. Currently, Fortive is in a 'quiet period' until the earnings report is released. The company specializes in connected workflow solutions across various end-markets, employing over 18,000 staff globally.
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Fortive Corporation (NYSE: FTV) announced that its President and CEO, James A. Lico, will present at the Morgan Stanley Laguna Conference on Thursday, September 15, 2022, at 11:45 a.m. ET. The event will be available via live audio webcast, which will later be archived on Fortive's website. Fortive specializes in connected workflow solutions across multiple sectors, employing over 18,000 staff globally. The company is headquartered in Everett, Washington, and operates through strategic segments including Intelligent Operating Solutions and Advanced Healthcare Solutions.
Fortive Corporation (NYSE: FTV) announced that President and CEO of Intelligent Operating Solutions, Olumide Soroye, will speak at the Evercore ISI Technology Conference on September 7, 2022, at 8:45 a.m. ET. The presentation will be available via a live webcast and will be archived for later access on Fortive's official website.
Fortive, headquartered in Everett, Washington, employs over 18,000 professionals globally, focusing on connected workflow solutions across various sectors, including Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions.
Fortive Corporation (NYSE: FTV) announced a quarterly cash dividend of $0.07 per share, payable on September 30, 2022. The record date for common stockholders is August 31, 2022. While Fortive anticipates continuing quarterly dividends, future declarations are at the Board's discretion. The company specializes in connected workflow solutions across various sectors and has a global workforce exceeding 18,000 employees. Factors affecting future dividend payments include market conditions, competition, and regulatory changes.
Jane, a boutique marketplace, is transitioning from a deals platform to a comprehensive shopping destination. This transformation includes a new tech infrastructure and key executive appointments, such as Laura Ravo as Chief Operating Officer and Krista Kochivar as Chief Financial Officer. Ravo, with extensive retail experience, will enhance marketplace operations and customer experience. Kochivar brings over 20 years in financial management from publicly traded companies. These strategic changes aim to strengthen Jane's position in the marketplace.
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.
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