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 today announced that CEO Jim Lico and CFO Chuck McLaughlin will present at the Barclays Industrial Select Conference on February 17, 2021, at 1:30 p.m. ET. This presentation will be available via a live audio webcast, which will also be archived on Fortive's website. Fortive specializes in essential technologies for connected workflow solutions with strong positions in intelligent operating solutions, precision technologies, and advanced healthcare solutions. The company is based in Everett, Washington, and employs over 17,000 people globally.
Fortive Corporation (NYSE: FTV) reported strong fourth quarter results for 2020, with net earnings from continuing operations of $1.25 billion and adjusted net earnings of $252.9 million. The company experienced a 4.9% year-over-year revenue increase, totaling $1.3 billion, driven by 0.7% core revenue growth. Adjusted diluted net earnings per share rose by 19% year-over-year to $0.70. Looking ahead, Fortive anticipates first quarter 2021 diluted net earnings per share between $0.18 and $0.22.
Fortive Corporation (NYSE: FTV) has appointed Read Simmons as Senior Vice President of Strategy and promoted Jonathan Schwarz to Senior Vice President of Corporate Development, effective February 1, 2021. Simmons joins from Vista Equity Partners, where he led strategy development, while Schwarz retains M&A responsibilities and adds oversight of tax and treasury functions. CEO Jim Lico emphasizes that Simmons will enhance Fortive’s strategic direction and capital allocation, supporting accelerated growth in critical software-enabled workflow solutions following a significant portfolio transformation.
Fortive Corporation (NYSE: FTV) has declared a quarterly cash dividend of $0.07 per share on its common stock, payable on March 26, 2021, to stockholders of record by February 26, 2021. Additionally, a dividend of $12.50 per share on its 5.00% Mandatory Convertible Preferred Stock, Series A, will be paid on April 1, 2021, to preferred stockholders of record by March 15, 2021. While Fortive plans to pay dividends quarterly, future payments are at the Board's discretion.
Fortive Corporation (NYSE: FTV) will host its earnings conference call for Q4 2020 on February 4, 2021, at 5:30 p.m. ET, lasting about an hour. Investors can access the call through Fortive's website or by phone. A replay of the call will be available for two weeks post-event. Currently, Fortive is in a quiet period until the earnings release, during which it will refrain from engaging with the investment community. The company provides essential technologies across various sectors, employing over 17,000 staff globally.
Fortive Corporation (NYSE: FTV) has appointed Rejji Hayes as a new director, also adding him to the Audit Committee. Hayes brings vast experience from his role as CFO at CMS Energy and has previously held key financial positions at ITC Holdings and Exelon. Chairman Alan Spoon expressed optimism about Hayes' leadership and financial expertise, which are expected to enhance Fortive's strategic oversight. CEO James A. Lico emphasized Hayes' strategic finance background and leadership in environmental, social, and governance matters as valuable assets for Fortive's future.
Fortive Corporation (NYSE: FTV) has announced that CEO Jim Lico and CFO Chuck McLaughlin will present at the UBS Global TMT Virtual Conference on December 7, 2020, at 1:55 p.m. ET. The presentation will be available via webcast and archived on their official website. Headquartered in Everett, Washington, Fortive employs over 17,000 employees worldwide and specializes in connected workflow solutions across various sectors, including intelligent operating solutions and advanced healthcare. More details can be found at www.fortive.com.
Fortive Corporation (NYSE: FTV) has announced that its President and CEO, Jim Lico, along with CFO Chuck McLaughlin, will present at the Credit Suisse 8th Annual Virtual Industrials Conference on December 2, 2020, at 11:30 a.m. ET. This presentation will be available via a live audio webcast and will later be archived on Fortive's official website. Fortive is renowned for providing essential technologies for connected workflow solutions across various markets, employing over 17,000 professionals in more than 50 countries.
Fortive Corporation (NYSE: FTV) announced that its CEO Jim Lico and CFO Chuck McLaughlin will present at the Wolfe Research Virtual Industrials Conference on November 16, 2020, at 10:15 a.m. ET. The presentation will be available via a live audio webcast, and the recording will be archived on www.fortive.com. Fortive specializes in connected workflow solutions with a strong presence in intelligent operating solutions and advanced healthcare technologies, employing over 17,000 people globally.
Fortive Corporation (NYSE: FTV) has announced that CEO Jim Lico and CFO Chuck McLaughlin will present at the Baird 2020 Global Industrial Conference on November 11, 2020, at 12:15 p.m. ET. They will address historical and forecasted financial insights related to the recent separation of Vontier Corporation on October 9, 2020, and the new segmentation of the company effective September 26, 2020. The presentation will be available via a simultaneous webcast on www.fortive.com.