Fortive — May 1, 2025 release

Our Precision Technologies segment saw customers in test and measurement delay investments in light of increased geopolitical and macroeconomic uncertainty, while strong demand continued for utility monitoring and defense & space solutions. Rigorous operational execution contributed to continued margin expansion and strong free cash flow generation in the quarter. ” For the second quarter of 2025, Fortive anticipates diluted net earnings per share of $0.44 to $0.49, and adjusted diluted net earnings per share of $0.85 to $0.90. For the full year 2025, Fortive now anticipates diluted net earnings per share of $2.23 to $2.43, and adjusted diluted net earnings per share of $3.80 to $4.00. The foregoing guidance for the full year 2025 does not give effect to the pending separation of the Precision Technologies segment and we would expect to update guidance for both companies following completion of the spin, which is expected to be completed by the end of the second quarter. Mr. Lico continued, “We are updating our 2025 guidance to reflect the delayed recovery in Precision Technologies, and the net impact of global tariffs. Despite the increased uncertainty impacting some our customers, our culture of continuous improvement and our world-class Fortive Business System (FBS) are allowing us to navigate these challenges, seize opportunities, and continue to drive differentiated 1 performance. Looking ahead, both Fortive and Ralliant are well-positioned to further adapt as more strategically focused businesses upon our separation.” Update on Pending Separation of the Precision Technologies Segment On September 4, 2024, Fortive announced its intentio