Tech company reports 12% organic revenue growth in third quarter

The announcement comes on the heels of Roper Technologies signing definitive agreements to divest three of its businesses.

By Amanda Postma
| 2:05 p.m. November 9, 2021
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Courtesy. Neil Hunn, Roper Technologiesâ€™ president and CEO, says the organic growth came from solid increases in software recurring revenue.

Manatee-Sarasota

LAKEWOOD RANCH — Diversified technology firm Roper Technologies grew organic revenue 12% and overall revenue 22% in the third quarter, with the latter hitting $146 billion.

“Operationally, Roper delivered another excellent quarter of performance,” says Neil Hunn, Roper Technologies’ president and CEO, in a release. “Organic revenue growth was 12% and was underpinned by continued solid increases in software recurring revenue. In addition, demand was strong across our portfolio and our product businesses executed well through the global supply chain challenges.”