Software firm Roper Technologies on Wednesday forecast full-year 2024 earnings below Wall Street estimates, due to weaker spending by its target industries. Shares of the Sarasota, Florida-based company, which rose about 26% in 2023, was down 3.3% in premarket trading. The holding company, which operates through subsidiaries like DAP Technologies, Roper Pump and Vertafore, among others, was hit by slower-than-expected growth as companies cut back on IT spending in the face of an uncertain economy.
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