Company Report

Fortive’s Continued sequential improvement drove total revenue growth of 4.9%, including a return to positive core revenue growth of 0.7%

Fortive Corporation (“Fortive”) (NYSE: FTV) announced results for the fourth quarter 2020.

For the fourth quarter ended December 31, 2020, net earnings from continuing operations were $1.25 billion. For the same period, adjusted net earnings from continuing operations were $252.9 million.

Diluted net earnings per share from continuing operations for the fourth quarter ended December 31, 2020 were $3.47. For the same period, adjusted diluted net earnings per share from continuing operations were $0.70.

For the fourth quarter of 2020, revenues from continuing operations increased 4.9% year-over-year to $1.3 billion, which reflected core revenue growth of 0.7%.

Source: investors.fortive.com

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