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) has appointed Elena Rosman as Vice President of Investor Relations, effective November 29, 2021. With over ten years of experience in investor relations at Aptiv and Honeywell, Rosman will report to Chuck McLaughlin, Fortive’s CFO. Her role involves leading investor relations initiatives and enhancing communication about Fortive's strategic vision and shareholder value. Current VP Griffin Whitney will assist during the transition before moving to a new role in corporate development. This move is part of Fortive's strategy to strengthen its leadership team.
Fortive Corporation (NYSE: FTV) has declared a quarterly cash dividend of $0.07 per share, to be paid on December 30, 2021, to stockholders on record as of November 26, 2021. The company remains committed to paying dividends quarterly, although future amounts and dates are subject to Board discretion. Fortive provides essential technologies across various markets, employing over 18,000 people globally.
Fortive Corporation (NYSE: FTV) announced its participation at the Baird 2021 Global Industrial Conference on November 10, 2021, at 10:15 a.m. ET. The presentation will feature CEO Jim Lico and CFO Chuck McLaughlin, with a simultaneous audio webcast available on the company's website. Fortive is a provider of essential connected workflow technologies across various markets, employing over 18,000 staff globally. The company's operations focus on continuous improvement through its Fortive Business System.
Fortive Corporation (NYSE: FTV) reported a robust 12.0% increase in total revenue for Q3 2021, reaching $1.3 billion, with core revenue growing by 9.1%. Net earnings from continuing operations stood at $151.1 million, translating to $0.42 diluted earnings per share. Adjusted diluted EPS improved significantly to $0.66, marking a 32% increase. The acquisition of ServiceChannel was completed, enhancing their portfolio in software-enabled solutions. For Q4 2021, Fortive anticipates EPS between $0.45-$0.50 and adjusted EPS of $0.74-$0.79.
Fortive Corporation (NYSE: FTV) announced leadership transitions effective January 1, 2022. Pat Murphy will move from President & CEO, Precision Technologies to President & CEO, Advanced Healthcare Solutions, while Tami Newcombe will succeed him. Barbara Hulit will step down as President & CEO, AHS, transitioning to a part-time Executive Advisor. Jim Lico, Fortive’s CEO, expressed confidence in Murphy and Newcombe's leadership capabilities, emphasizing their roles in advancing healthcare and performance across business segments.
Fortive Corporation (NYSE: FTV) will host its earnings conference call for Q3 2021 on October 28, 2021, at 5:30 p.m. ET. The event will be available via webcast on Fortive's website, with a replay accessible shortly after the call. A quiet period is currently in effect until the earnings release, during which Fortive will not engage with investors. The company specializes in connected workflow solutions across sectors such as Intelligent Operating Solutions and Advanced Healthcare Solutions, employing over 17,000 staff globally.
Fortive Corporation (NYSE: FTV) announced that Read Simmons, SVP of Strategy, and Justin McElhattan, Group President, will present at the Bank of America Industrial Software and Automation Summit on September 23, 2021, at 10:00 a.m. ET. The presentation will be webcast and archived on www.fortive.com.
Headquartered in Everett, Washington, Fortive offers essential technologies across several segments, including Intelligent Operating Solutions and Advanced Healthcare Solutions, supported by a dedicated workforce of over 17,000 employees globally.
On September 9, 2021, Fortive Corporation (NYSE: FTV) announced the acquisition of TeamSense, a text-based HR tool for hourly workers, originally launched in July 2020. TeamSense is the first spinout from a joint innovation studio with Pioneer Square Labs. This acquisition enhances Fortive's portfolio, which includes over 20 companies in the industrial technology sector. TeamSense aims to improve workforce engagement and operational efficiency for companies employing hourly workers.
Fortive Corporation (NYSE: FTV) will present at the Morgan Stanley Virtual 9th Annual Laguna Conference on September 15, 2021, at 11:15 a.m. ET. President and CEO James A. Lico and CFO Chuck McLaughlin will lead the presentation. The event will be webcast live and archived on Fortive's website for later access. Fortive specializes in connected workflow solutions across various markets and is headquartered in Everett, Washington, employing over 17,000 people globally. For more information, visit www.fortive.com.
Fortive Corporation has finalized the acquisition of ServiceChannel Holdings Inc. as of August 24, 2021. ServiceChannel will now operate within Fortive's Intelligent Operating Solutions segment. Recognized as a leader in SaaS-based facilities maintenance solutions, ServiceChannel supports over 500 enterprise clients globally, leveraging a network of 70,000 service providers. This acquisition aims to enhance Fortive's software-enabled solutions for asset and facility lifecycle management, contributing to future growth and profitability.