Roper Techno Stock Price, News & Analysis

Roper Technologies (Nasdaq: ROP) has announced its participation in the Morgan Stanley Technology, Media & Telecom Conference. The presentation is scheduled for Tuesday, March 4, 2025 at 10:00 AM Pacific Time in San Francisco, CA.

Investors and interested parties can access the webcast presentation through a link that will be available in the "Investors" section of Roper's official website at www.ropertech.com. This conference appearance provides an opportunity for Roper to showcase its technological offerings and business strategies to industry analysts and potential investors.

PowerPlan, a financial software provider for the energy industry, announced Raphael (Rafi) Shure as its new President and CEO, effective March 14, 2025. Shure will succeed Joe Gomes, who will transition to lead Procare Solutions, another Roper Technologies business.

Shure joins PowerPlan from his previous role as Chief Operating Officer at Aderant, where he spent over 12 years as a key executive team member driving company growth. His expertise encompasses strategy, finance, and customer operations. Shure holds a bachelor's degree from Cornell University and an MBA with honors from the University of Chicago Booth School of Business.

Mike Corkery, Senior Vice President at Roper Technologies, expressed confidence in Shure's leadership and strategic vision to drive PowerPlan's continued success and innovation.

Procare Solutions, a leading child care management software provider, has appointed Joe Gomes as its new President and CEO. Gomes joins with a 25-year leadership track record, most recently serving as President and CEO at PowerPlan, where he led transformational growth managing solutions accounting for over $4 trillion in infrastructure.

Previously, Gomes held leadership positions at IPA, MedAssets, WebMD, and Eli Lilly & Company. He holds a bachelor's degree from Auburn University and an MBA from Harvard Business School. At Procare Solutions, Gomes will focus on advancing the company's mission in delivering solutions for child care, safety, and education while maintaining its market leadership position.

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.