Key Points
July 21 (Reuters) - Industrial software maker Roper Technologies (ROP.O) raised its annual profit forecast on Friday on robust demand for software, as automation adoption grows across industries grappling with labor shortages...
Companies such as Roper have benefited from high demand for software from industries, including health and logistics, which are looking to enhance efficiency and streamline operations by bringing in more automation...
Roper now expects a full-year adjusted profit of $16.36 to $16.50 per share, compared to its previous outlook of $16.10 to $16.30 per share...
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