Roper Technologies Announces New Segment Structure
SARASOTA, Fla. — Roper Technologies, Inc. (NYSE: ROP), a leading diversified technology company, announced today that it has realigned its reportable segments.
The four new reportable segments are as follows:
- Application Software – Aderant, CBORD, CliniSys, Data Innovations, Deltek, Horizon, IntelliTrans, PowerPlan, Strata, Sunquest
- Network Software & Systems – ConstructConnect, DAT, Inovonics, iTradeNetwork, Link Logistics, MHA, RF IDeas, SHP, SoftWriters, TransCore
- Measurement & Analytical Solutions – Alpha, CIVCO Medical Solutions, CIVCO Radiotherapy, Dynisco, FMI, Gatan, Hansen, Hardy, IPA, Logitech, Neptune, Northern Digital, Struers, Technolog, Uson, Verathon
- Process Technologies – AMOT, CCC, Cornell, FTI, Metrix, PAC, Roper Pump, Viatran, Zetec
“Our new segments reinforce Roper’s diversified, niche market strategy by emphasizing business models instead of end markets,” said Neil Hunn, Roper’s President and CEO. “The day-to-day operations of our businesses, our organizational structure, and our strategy remain unchanged. We look forward to reporting our results using these new segments.”
Beginning with the first quarter of 2019, the Company will report its quarterly and full year financial statements under the new segment structure with prior periods recast to reflect the change.
The Company will present at two investor conferences later this week and will discuss the new reportable segments as part of those presentations. Links to the webcast presentations will be available in the “Investors” section of the Company’s website at www.ropertech.com.
Use of Non-GAAP Financial Information
The Company supplements its consolidated financial statements presented on a GAAP basis with certain non-GAAP financial information to provide investors with greater insight, increase transparency and allow for a more comprehensive understanding of the information used by management in its financial and operational decision-making. Reconciliation of non-GAAP measures to their most directly comparable GAAP measures are included in the accompanying financial schedules or tables. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP, and the financial results prepared in accordance with GAAP and reconciliations from these results should be carefully evaluated.
Unaudited Historical Financial Information
The Company has included below unaudited historical financial segment information for the four quarters 2017 and 2018, and full years 2016, 2017 and 2018 recast to give effect to the new reportable segment structure. Roper’s historical consolidated results remain unchanged.

