"Fortive's third quarter showed the company making progress on its strategic simplification. Adjusted EBITDA climbed 10.4% year over year to $309M, a meaningful gain that signals operational discipline is taking hold. Revenue came in at $1.027B, beating estimates by $20M on 2.3% year-over-year growth. Within that, Intelligent Operating Systems revenue reached $699M (up 2.6%), while Advanced Healthcare Solutions contributed $328M (up 1.9%). Both segments moved forward despite the company's ongoing portfolio restructuring."
"CEO Olumide Soroye called it "solid results in our first quarter as a simpler, more focused company." Management raised full-year 2025 adjusted EPS guidance to $2.63 to $2.67 from the prior $2.50 to $2.60 range, a signal that near-term momentum is building. The company also executed $1B in share repurchases during the quarter, reducing diluted share count by roughly 6% and demonstrating confidence in capital allocation despite headwinds."
"Fortive Corporation beat earnings expectations this morning, delivering adjusted EPS of $0.68 against a $0.57 estimate and raising full-year guidance. The stock traded at $49.50 at filing time. Investors appear cautiously optimistic about the industrial software and services company's pivot toward a "simpler, more focused" operating model, though underlying cash flow trends warrant close attention. Operating cash flow fell 35.7% year over year to $295M, a sharp decline from $459M in the prior-year quarter."
Fortive reported adjusted EPS of $0.68 versus a $0.57 estimate and raised full-year adjusted EPS guidance to $2.63–$2.67 from $2.50–$2.60. Revenue totaled $1.027 billion, up 2.3% year over year, with Intelligent Operating Systems at $699M (up 2.6%) and Advanced Healthcare Solutions at $328M (up 1.9%). Adjusted EBITDA increased 10.4% to $309M. The company executed $1.0B in share repurchases, reducing diluted shares by about 6%. Operating cash flow declined 35.7% to $295M and free cash flow was $266M after $29M of capital expenditures. Portfolio simplification and divestitures drove headline revenue comparisons.
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