Welcome to our dedicated page for Fortive Corporation news (Ticker: FTV), a resource for investors and traders seeking the latest updates and insights on Fortive Corporation stock.
Fortive Corporation (FTV) is a global conglomerate comprising over 20 industry-leading companies, unified by a common mission: to make the world stronger, safer, and more effective by delivering essential technology to those driving progress. Established in 2016 following its spin-off from Danaher, Fortive has built a strong heritage and a proven track record of growth.
The company operates across various fast-evolving sectors such as software development, robotics, transportation, energy, and healthcare. Its portfolio includes mission-critical products and services in areas like field solutions, product realization, health, and sensing technologies. Serving a diverse range of markets including manufacturing, utilities, medical, and electronics, Fortive generated approximately $6.1 billion in revenue in 2023.
Fortive's commitment to innovation and growth is evident in its vibrant culture that emphasizes continuous learning, empowerment, and opportunity. This dynamic environment balances the excitement of a startup with the stability of an established organization, providing extraordinary opportunities for both the company and its employees. Fortive's financial strength and foundation of success ensure its ability to tackle significant challenges with real-world impact.
Provation, a leading provider of healthcare productivity solutions and a subsidiary of Fortive Corporation (NYSE: FTV), announced the appointment of Anita Santos as Chief Marketing Officer (CMO). With over 25 years of leadership experience in the life sciences, medical device, and software technology sectors, Santos previously served as Executive Vice President at LabMinds and CMO at Signify, overseeing a $1.5 billion US market. Her expertise includes product pricing, strategic marketing, and mergers and acquisitions at Johnson Controls. Santos aims to enhance market share and revenue for Provation, which offers innovative software solutions for healthcare providers. The company serves more than 5,000 healthcare facilities globally, including 19 of the top 20 U.S. hospitals, focusing on delivering quality patient care.
Provation, a leading provider of healthcare software solutions and a wholly-owned subsidiary of Fortive Corporation (NYSE: FTV), has announced the retirement of Daniel Hamburger as CEO. He has been pivotal in Fortive's acquisition of Provation and established a strong leadership team. Ankush Kaul will succeed him as President, effective April 10. Kaul brings over 12 years of experience at Fortive, where he has consistently met financial objectives. He aims to leverage the existing strategic plan and leadership team to continue driving innovation and growth. Provation serves over 5,000 healthcare facilities globally, highlighting its significant presence in the market.
Fortive Corporation (NYSE: FTV) will host its earnings conference call for Q1 2023 on April 26, 2023, at 12:00 p.m. ET. The call will last approximately 1 hour and will be accessible via a webcast on Fortive’s website. A replay will be available post-call until May 10, 2023. Fortive is currently in a 'quiet period' leading up to the earnings release, during which it will not engage with investors. The company operates in connected workflow solutions across various strategic segments such as Intelligent Operating Solutions and Advanced Healthcare Solutions, employing over 18,000 people globally.
Zoovu, a leader in AI-powered product discovery, has announced the appointment of David Dean as CFO and Ken Yanhs as CMO, enhancing its executive team alongside CEO James Novak and CRO Ben Rey. Dean previously served as CFO at Fiix Software, where he contributed to its successful acquisition by Rockwell Automation (NYSE: ROK). Yanhs, from IntelyCare, played a key role in driving substantial revenue growth. The company is relocating its headquarters to Boston from the UK, signaling a commitment to global expansion. Zoovu reported 3x revenue growth in the last three years and raised $169 million in funding from FTV Capital (NYSE: FTV) to strengthen its platform.
Fortive Corporation (NYSE: FTV) announced that its President and CEO, James A. Lico, and CFO, Charles E. McLaughlin, will present at the J.P. Morgan Industrials Conference on March 16, 2023, at 11:20 a.m. ET. The presentation will be available via a simultaneous webcast and will be archived on www.fortive.com.
Fortive is based in Everett, Washington, and specializes in technologies for connected workflow solutions across various markets, employing over 18,000 people globally.
Fortive Corporation (NYSE: FTV) has announced that CEO James A. Lico will present at the Bank of America Global Industrials Conference on Tuesday, March 21, 2023, at 8:55 a.m. ET. This presentation will be available via a live audio webcast and will be archived on Fortive's official website, www.fortive.com. Fortive specializes in essential technologies for connected workflow solutions, operating in segments such as Intelligent Operating Solutions and Advanced Healthcare Solutions, with over 18,000 employees globally.
Fortive Corporation (NYSE: FTV) announced that CEO James A. Lico and CFO Charles E. McLaughlin will present at the Barclays Industrial Select Conference on February 22, 2023, at 9:10 a.m. ET. The presentation will also be web streamed live and archived on www.fortive.com.
Headquartered in Everett, Washington, Fortive is a leader in connected workflow solutions, focusing on sectors like Intelligent Operating Solutions and Advanced Healthcare Solutions. The company employs over 18,000 across more than 50 countries, emphasizing continuous improvement and innovation.
Fortive Corporation (NYSE: FTV) announced that its President and CEO, James A. Lico, along with CFO Charles E. McLaughlin, will present at the Citi 2023 Global Industrial Tech and Mobility Conference. This event is scheduled for Thursday, February 23, 2023, at 8:00 a.m. ET. The presentation will be available via a live audio webcast, which will also be archived for future access on Fortive's website. Fortive, headquartered in Everett, Washington, provides essential technologies across various markets through its segments, including Intelligent Operating Solutions and Advanced Healthcare Solutions.
Fortive Corporation (NYSE: FTV) reported strong financial results for Q4 and the full year 2022. Q4 revenues grew 11% year-over-year to $1.53 billion, with core revenue growth of 14%. The company's GAAP EPS for Q4 was $0.64, while adjusted EPS was $0.88, marking an 11% increase. For FY 2022, revenues rose by 10.9% to $5.83 billion, with diluted EPS of $2.10. Looking ahead, Fortive expects 2023 GAAP EPS between $2.30 and $2.45, and adjusted EPS between $3.25 and $3.40, indicating continued growth. The company’s CEO highlighted the effectiveness of their business model amidst challenging market conditions.
FAQ
What is the current stock price of Fortive Corporation (FTV)?
What is the market cap of Fortive Corporation (FTV)?
What does Fortive Corporation do?
When was Fortive Corporation established?
What sectors does Fortive Corporation operate in?
What is the revenue of Fortive Corporation?
What are some of Fortive Corporation's key products and services?
Which markets does Fortive Corporation serve?
What is the culture like at Fortive Corporation?
How has Fortive Corporation evolved over the years?
What is the significance of Fortive's financial strength?
What kind of opportunities does Fortive offer to its employees?
