Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Roper Technologies Inc V.ROP.P


Primary Symbol: ROP

Roper Technologies, Inc. is a diversified technology company. The Company operates businesses that design and develop vertical software and technology-enabled products for a variety of defensible niche markets. It operates through three segments: Application Software, Network Software and Technology Enabled Products. The Application Software segment includes Aderant, CBORD, Clinisys, Data Innovations, Deltek, Frontline, IntelliTrans, PowerPlan, Strata and Vertafore. The Network Software segment includes ConstructConnect, DAT, Foundry, iPipeline, iTradeNetwork, Loadlink, MHA, SHP and SoftWriters. The Technology Enabled Products segment includes CIVCO Medical Solutions, FMI, Inovonics, IPA, Neptune, Northern Digital, rf IDEAS and Verathon. Aderant is a comprehensive management software solution for law and other professional services firms. ConstructConnect is a cloud-based data, collaboration, and estimating automation software solutions to a network of pre-construction contractors.


NDAQ:ROP - Post by User

Post by stockhouse76on Jul 03, 2023 2:40pm
309 Views
Post# 35524993

Correction: National Bank Trims Target to $0.20 from $0.25

Correction: National Bank Trims Target to $0.20 from $0.25Correction: National Bank Trims Forecasts For good natured Products As Industrial Segment Pressure Likely Continues
GDNP.V
06/29/2023 4:38 PM EST
(MT Newswires) -- (In a story published on June 23, 2023, it was incorrectly stated that National Bank had cut its price target on the company to C$0.05. It was cut by C$0.05 to C$0.20. A corrected version of the story follows.)
National Bank said Thursday that it has lowered its forecasts for good natured Products Inc. (GDNP.V) as reduced demand levels at the Industrial business group continue to weigh on results.
The company's shares rose 8% on last look on Friday.
"As such, GDNP's previously noted outlook commentary around expected revenue declines through the next several quarters may hold a little longer than we anticipated," an analyst noted.
For the second quarter, National Bank is now expecting revenue of $19.2 million instead of the previously expected revenue of $20.4 million and adjusted EBITDA of $0.4 million instead of the previously expected $0.7 million.
The bank said it has trimmed its forecasts to be better aligned and now expects 2023 total revenue to be down 17.6%. National Bank previously expected revenue to be down 12.1% for 2023.
National Bank maintained its sector perform rating while cutting the price target to C$0.20 from $0.25.
Copyright © 2023 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
<< Previous
Bullboard Posts
Next >>