Fortive — Oct 30, 2024 release

14% year-over-year; reported operating cash flow of $459 million and free cash flow of $431 million, up 12% year-over-year • Strong full-year 2024 outlook; GAAP diluted EPS of $2.47 to $2.50, year-over-year increase of 2% to 3%; adjusted diluted EPS of $3.84 to $3.87, year-over-year increase of 12% to 13% EVERETT, WA, October 30, 2024 - Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the third quarter of 2024. For the third quarter, net earnings were $222 million. For the same period, adjusted net earnings were $342 million. Diluted net earnings per share for the third quarter were $0.63. For the same period, adjusted diluted net earnings per share were $0.97. For the third quarter, revenues increased 3% year-over-year to $1.54 billion, which included 1% core revenue growth. James A. Lico, President and Chief Executive Officer, stated, “Fortive generated strong operating performance in the third quarter, with better than expected earnings and free cash flow. Our portfolio of high-quality businesses is delivering consistent and more profitable growth, evidenced by robust recurring revenue growth in Intelligent Operating Solutions and Advanced Healthcare Solutions. We are also pleased with the positive momentum in orders growth across all our segments, including double-digit orders growth in Precision Technologies in the third quarter.” For the fourth quarter of 2024, Fort