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Roper Technologies Inc - ROP STOCK NEWS

Welcome to our dedicated news page for Roper Technologies (Ticker: ROP), a resource for investors and traders seeking the latest updates and insights on Roper Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Roper Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Roper Technologies's position in the market.

Rhea-AI Summary
Aderant, a global legal business management software provider, appoints Lisa Erickson as Vice President of Product AI & Cloud Transformation. With 25 years of technology experience, Erickson will drive the company's AI and cloud development initiatives. She joins Aderant from Veritas Technologies and will focus on further developing MADDI, the company's AI-powered virtual associate, and delivering innovative cloud-based solutions to address client needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
AI
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Rhea-AI Summary
Verosint, a leader in real-time account fraud prevention, has been selected by DAT Freight & Analytics to combat account fraud within their online freight marketplace. The rapid implementation of Verosint's AI-powered solution resulted in an immediate and drastic reduction in fraud, marking a significant step toward preventing fraud in an industry responsible for the movement of over $38 trillion worth of freight annually.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
AI
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Rhea-AI Summary
Roper Technologies, Inc. (Nasdaq: ROP) reported strong financial results for Q4 and full year 2023, with revenue increasing by 13% to $1.61 billion in Q4 and 15% to $6.18 billion for the full year. Adjusted DEPS increased by 11% in Q4 and 17% for the full year. The company expects adjusted DEPS of $17.85 - $18.15 for 2024, with a first quarter range of $4.30 - $4.34. Roper's 2024 guidance includes a total revenue growth of +11 – 12% and organic revenue growth of +5 – 6%. The company also announced the acquisition of Procare Solutions, a leading software provider for the childcare market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.38%
Tags
earnings
Rhea-AI Summary
Aderant, a leading global provider of legal business management solutions, has launched the Matter Reconciliation module for BillBlast, a billing application. The new module automates matter-related data processing and reconciliation of law firm matter records with client vendor data, reducing billing errors and increasing efficiency. The platform addresses challenges such as delays in bill delivery, realization rates, administrative resources, and risks related to missing or incorrect conflict checks. Aderant will showcase the new module at ALM's Legalweek NY conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
none
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Rhea-AI Summary
Warburg Pincus sells Procare Solutions to Roper Technologies for $1.86 billion, reflecting Procare's leading position in child care management. Procare offers integrated child care center management software and payments processing, serving over 37,000 child care centers in the US. The transaction is expected to close in the first quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
none
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Rhea-AI Summary
Roper Technologies, Inc. has announced the acquisition of Procare Solutions for a net purchase price of approximately $1.75 billion, including a $110 million tax benefit. Procare is a leading provider of cloud-based software for the management of early childhood education centers, with more than 37,000 childcare organizations utilizing its tools. The acquisition is expected to be accretive to Roper's 2024 free cash flow and 2025 adjusted DEPS, with Procare projected to deliver long-term mid-teens organic revenue growth. The transaction is anticipated to close later this quarter, subject to regulatory approval and customary closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
acquisition
Rhea-AI Summary
Aderant, a leading business management software provider for law firms, has successfully completed a SOC 2 Type II examination, earning the company the SOC 2 Type II Report with no exceptions noted for its vi by Aderant and Expert Sierra Saas platforms. The examination confirms Aderant's commitment to security, availability, and confidentiality, and its ongoing efforts to implement the latest advancements in data protection and security controls for its clients. The examination evaluated key areas including security, availability, and confidentiality, and was conducted by leading compliance assessor Schellman & Company, LLC. The SOC 2 Type II examination is tailored for businesses of all sizes, irrespective of industry and scale, and serves as confirmation that a company's infrastructure, software, personnel, data, policies, procedures, and operations have undergone comprehensive examinations and reviews.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
none
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Rhea-AI Summary
DAT Freight & Analytics introduces new leaders for its product and security organizations, including Jeff Clementz as Chief Product Officer and Erika Voss as Vice President of Information Security. Clementz brings 25 years of experience in managing networks and marketplaces, fraud, payments, and e-commerce platforms. Voss, with a Ph.D. in cybersecurity, previously held security and engineering leadership positions at Capital One, Salesforce, and Oracle. Both leaders are expected to bring innovative technology products and services to market and enhance DAT's security posture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
management
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Rhea-AI Summary
iPipeline's Connections 2024 conference will be held on May 15-17, 2024, in Orlando, FL, featuring a keynote by Daymond John, an opening reception at SeaWorld, and over 50 educational sessions covering topics like AI, wealth tech trends, and more.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.01%
Tags
none
Rhea-AI Summary
Roper Technologies, Inc. (Nasdaq: ROP) will release its financial results for Q4 2023 on January 31, 2024, before the market opens. A conference call to discuss the results is scheduled for 8:00 AM ET on the same day. The call can be accessed via webcast or by dialing +1 844-750-4898 (US/Canada) or +1 412-317-5294, using confirmation number 10185260. Webcast information and conference call materials will be available in the Investors section of Roper’s website prior to the start of the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
Tags
earnings
Roper Technologies Inc

Nasdaq:ROP

ROP Rankings

ROP Stock Data

58.12B
106.31M
0.45%
98.87%
1.47%
Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Manufacturing
Link
US
Sarasota

About ROP

roper technologies is a constituent of the s&p 500, fortune 1000, and the russell 1000 indices. roper designs and develops software (both software-as-a-service and licensed), and engineered products and solutions for healthcare, transportation, food, energy, water, education and academic research markets worldwide. additional information about roper is available on the company’s website at www.ropertech.com.