Roper Techno Stock Price, News & Analysis

Aderant announced that its AI-powered timekeeping solution iTimekeep has successfully completed a SOC 2 Type 2 audit with zero exceptions noted. The audit, conducted by Schellman & Company, , evaluated iTimekeep from October 1, 2024 to December 31, 2024, focusing on Security, Availability, and Confidentiality categories.

This achievement follows recent successful SOC 2 audits for Aderant's Expert Sierra and vi solutions, demonstrating the company's commitment to maintaining high security standards for law firm clients' data. SOC 2, established by AICPA, is a globally recognized standard that reviews an organization's infrastructure, software, people, data, policies, procedures, and operations.

DAT Freight & Analytics reports increased spot truckload freight volumes in January 2024, driven by post-holiday inventory replenishment, pre-tariff import acceleration, and weather-related demand for flexible capacity. The DAT Truckload Volume Index (TVI) showed growth across all equipment types: van up 6% to 277, reefer up 7% to 237, and flatbed up 8% to 256.

National average spot rates saw modest increases: van rates rose 4 cents to $2.16/mile, reefer rates increased 8 cents to $2.55, and flatbed rates gained 5 cents to $2.44. Contract rates remained stable with slight increases. The van New Rate Differential (NRD) has been positive for four consecutive months, indicating a tightening market despite business volatility.

DAT Freight & Analytics will showcase its DAT iQ analytics platform and a new carrier identity-authentication system at Manifest Vegas 2025, taking place February 10-12. The company will present several key products, including DAT iQ Benchmark, which provides rate visibility and predictive analytics trained on $1 trillion in customer transactions since 2010, and the Carrier Management Suite for carrier authentication within the DAT One freight-match network.

The company will also feature Trucker Tools, acquired in December 2024, exhibiting its broker products including telematics for tracking freight and validating carrier identities. The event will include a Shipper Reception on February 11, featuring networking opportunities with DAT Chief Scientist Dr. Chris Caplice and the DAT iQ team.

Roper Technologies (ROP) reported strong financial results for Q4 and full year 2024. The company achieved 16% revenue growth to $1.88 billion in Q4, with 7% organic growth and 9% from acquisitions. Full-year revenue increased 14% to $7.04 billion.

Key 2024 highlights include operating cash flow of $2.39 billion, GAAP net earnings growth of 13% to $1.55 billion, and adjusted EBITDA increase of 13% to $2.83 billion. The company deployed $3.6 billion toward vertical software acquisitions, including Procare Solutions and Transact Campus.

For 2025, Roper expects adjusted DEPS of $19.75-$20.00, with Q1 adjusted DEPS of $4.70-$4.74. The company projects total revenue growth of 10%+ and organic revenue growth of 6-7%.

PowerPlan announced reaching a significant milestone with its Tax Fixed Assets (TFA) cloud solution, signing its 20th customer. The solution, which manages tax depreciation and deferred tax processes, now handles $500 billion in fixed assets across major North American utilities. Notable clients include Duke Energy, Exelon, Oncor, and American Water. TFA helps organizations manage tax processes efficiently, unlock data insights, and develop tax strategies with confidence.

Transact Campus and CBORD have announced two key senior leadership appointments to strengthen their executive team. Don Smith has been appointed as Senior Vice President and General Manager of Integrated Payments, returning to the company after 5 years with 15 years of expertise in software and financial services innovation. Most recently at MountainSeed, he led the creation of their first product organization.

Klasey Gage joins as Senior Vice President of Global Services, bringing 25 years of leadership experience in SaaS, cloud operations, and global services. He will oversee Implementation Services, Client Support, Supply Chain/Procurement, and India Operations, including the company's Hexaware relationship. Both appointments are aimed at accelerating company growth and enhancing client experience through product innovation and operational excellence.

DAT Freight & Analytics reported increased spot market truck demand in December 2023, indicating strong retail and grocery sales during the holiday season. The Truckload Volume Index (TVI) showed positive trends with van TVI up 2.4% to 260 and refrigerated TVI up 3% to 220, while flatbed TVI decreased 5% to 237. Year-over-year comparisons were all positive, with van and reefer TVI up 12% and 20% respectively, and flatbed TVI up 7%.

National average spot rates increased across all equipment types: van rates rose 9 cents to $2.11 per mile, reefer rates increased 2 cents to $2.47, and flatbed rates went up 2 cents to $2.39. Contract rates also showed improvement, with van and flatbed rates increasing by 2 and 3 cents respectively. The gap between spot and contract rates narrowed for the fourth consecutive month, reaching its smallest difference since March 2022, suggesting tightening capacity and shifting negotiating power toward carriers.

Roper Technologies (Nasdaq: ROP) has scheduled its Q4 2024 financial results release for Thursday, January 30, 2025, before market opens. The company will host a conference call at 8:00 AM ET on the same day to discuss the results.

Investors can access the call via webcast or by dialing +1 800-836-8184 (US/Canada) or +1 646-357-8785, using conference call ID 30275. Conference call materials will be available in the Investors section of Roper's website before the call begins.

PowerPlan has announced the settlement of ongoing litigation with Lucasys that was pending in the United States District Court for the Northern District of Georgia. The settlement includes an after-tax payment of $17.7 million and releases all claims between parties, with no admission of liability or wrongdoing.

While PowerPlan strongly disputes the claims brought by Lucasys in 2020, the company views this settlement as an opportunity to eliminate litigation distractions. The resolution allows PowerPlan to focus on advancing its next-generation SaaS technology solutions, including its Tax Fixed Assets (TFA) cloud tax software and the upcoming Tax Provision SaaS solution, scheduled for launch in late 2025.