Fortive Sales Up 4.1% in 1Q

Year-over-year profit increased 9.7 percent for the first quarter.

Fortive Corp. (NYSE: FTV), Everett, WA, reported sales for the first quarter ended March 31 of $1.53 billion, a 4.1 percent increase over the same period a year ago. Profit increased 9.7 percent to $199.7 million.

Prior to July 2, 2016, Fortive operated as part of Danaher Corporation and the historical financial measures presented for periods prior to July 2, 2016 were derived from Danaher’s accounting records and were presented on a carved-out basis.

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