Roper Technologies Continues Its Transformation

Diversified industrial company Roper Technologies, Inc. (NYSE: ROP) reported a solid set of second-quarter results, which contained the usual hallmarks of a Roper earnings report. Revenue and core operating margin expanded in all four segments, and the company's asset-light business model helped to ensure strong ongoing free cash flow generation.

Meanwhile, Roper's acquisitions are settling in well, and the company's transition to more software-based revenue continues. Let's take a look at the report.

Software and IT are increasingly part of Roper Technologies' revenue. Image source: Getty Images.

Source: Fool.com