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.
Fortive Corporation (NYSE: FTV) reported a solid Q1 2023, achieving 6% revenue growth to $1.46 billion, with a 9% core revenue increase driven by strong demand. Net earnings reached $174 million, resulting in a GAAP EPS of $0.49 and an adjusted EPS of $0.75, up 7%. The company has raised its 2023 guidance, projecting a GAAP EPS between $2.33 to $2.44 and adjusted EPS of $3.29 to $3.40. Fortive announced a leadership change, with Tami Newcombe expanding her role to head the Advanced Healthcare Solutions segment. The second quarter outlook anticipates revenues of approximately $1.5 billion and adjusted EPS between $0.78 to $0.82. CEO James A. Lico expressed confidence in their strategic direction, emphasizing growth and margin expansion opportunities.
Fortive Corporation (NYSE: FTV) announced a quarterly cash dividend of $0.07 per share, payable on June 30, 2023 to stockholders of record as of May 26, 2023. This dividend reflects Fortive's commitment to returning value to shareholders, although future dividends are subject to the Board's discretion. The company operates in essential technology sectors, providing connected workflow solutions through its segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. Fortive employs over 18,000 individuals across more than 50 countries, building on leading brands and innovative technologies.
Provation, a leading provider of healthcare productivity solutions and a subsidiary of Fortive Corporation (NYSE: FTV), announced the appointment of Anita Santos as Chief Marketing Officer (CMO). With over 25 years of leadership experience in the life sciences, medical device, and software technology sectors, Santos previously served as Executive Vice President at LabMinds and CMO at Signify, overseeing a $1.5 billion US market. Her expertise includes product pricing, strategic marketing, and mergers and acquisitions at Johnson Controls. Santos aims to enhance market share and revenue for Provation, which offers innovative software solutions for healthcare providers. The company serves more than 5,000 healthcare facilities globally, including 19 of the top 20 U.S. hospitals, focusing on delivering quality patient care.
Provation, a leading provider of healthcare software solutions and a wholly-owned subsidiary of Fortive Corporation (NYSE: FTV), has announced the retirement of Daniel Hamburger as CEO. He has been pivotal in Fortive's acquisition of Provation and established a strong leadership team. Ankush Kaul will succeed him as President, effective April 10. Kaul brings over 12 years of experience at Fortive, where he has consistently met financial objectives. He aims to leverage the existing strategic plan and leadership team to continue driving innovation and growth. Provation serves over 5,000 healthcare facilities globally, highlighting its significant presence in the market.
Fortive Corporation (NYSE: FTV) will host its earnings conference call for Q1 2023 on April 26, 2023, at 12:00 p.m. ET. The call will last approximately 1 hour and will be accessible via a webcast on Fortive’s website. A replay will be available post-call until May 10, 2023. Fortive is currently in a 'quiet period' leading up to the earnings release, during which it will not engage with investors. The company operates in connected workflow solutions across various strategic segments such as Intelligent Operating Solutions and Advanced Healthcare Solutions, employing over 18,000 people globally.
Zoovu, a leader in AI-powered product discovery, has announced the appointment of David Dean as CFO and Ken Yanhs as CMO, enhancing its executive team alongside CEO James Novak and CRO Ben Rey. Dean previously served as CFO at Fiix Software, where he contributed to its successful acquisition by Rockwell Automation (NYSE: ROK). Yanhs, from IntelyCare, played a key role in driving substantial revenue growth. The company is relocating its headquarters to Boston from the UK, signaling a commitment to global expansion. Zoovu reported 3x revenue growth in the last three years and raised $169 million in funding from FTV Capital (NYSE: FTV) to strengthen its platform.
Fortive Corporation (NYSE: FTV) announced that its President and CEO, James A. Lico, and CFO, Charles E. McLaughlin, will present at the J.P. Morgan Industrials Conference on March 16, 2023, at 11:20 a.m. ET. The presentation will be available via a simultaneous webcast and will be archived on www.fortive.com.
Fortive is based in Everett, Washington, and specializes in technologies for connected workflow solutions across various markets, employing over 18,000 people globally.
Fortive Corporation (NYSE: FTV) has announced that CEO James A. Lico will present at the Bank of America Global Industrials Conference on Tuesday, March 21, 2023, at 8:55 a.m. ET. This presentation will be available via a live audio webcast and will be archived on Fortive's official website, www.fortive.com. Fortive specializes in essential technologies for connected workflow solutions, operating in segments such as Intelligent Operating Solutions and Advanced Healthcare Solutions, with over 18,000 employees globally.
Fortive Corporation (NYSE: FTV) announced that CEO James A. Lico and CFO Charles E. McLaughlin will present at the Barclays Industrial Select Conference on February 22, 2023, at 9:10 a.m. ET. The presentation will also be web streamed live and archived on www.fortive.com.
Headquartered in Everett, Washington, Fortive is a leader in connected workflow solutions, focusing on sectors like Intelligent Operating Solutions and Advanced Healthcare Solutions. The company employs over 18,000 across more than 50 countries, emphasizing continuous improvement and innovation.
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