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Fortive Corp Earnings Release 2019

Oct 30, 2019

30364_rns_2019-10-30_7f97abaa-8236-4cc0-8be8-4b324e61e4b1.zip

Earnings Release

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) October 24, 2019

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Fortive Corporation
(Exact Name of Registrant as Specified in Its Charter)

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Delaware
(State or Other Jurisdiction of Incorporation)
001-37654 47-5654583
(Commission File Number) (IRS Employer Identification No.)
6920 Seaway Blvd — Everett, 98203
(Address of principal executive offices) (Zip code)

( 425 ) 446-5000

(Registrant's Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbols Name of each exchange on which registered
Common stock, par value $0.01 per share FTV New York Stock Exchange
5% Mandatory convertible preferred stock, Series A, par value $0.01 per share FTV. PRA New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On October 24, 2019 , Fortive Corporation (the "Company") issued a press release announcing financial results for the quarter ended September 27, 2019 . A copy of the release is furnished herewith as Exhibit 99.1 and incorporated by reference herein.

In addition, on October 24, 2019, the Company, as previously announced, conducted an earnings conference call relating to the financial results for the third quarter ended September 27, 2019. A copy of the transcript of the conference call, together with a copy of the corresponding presentation and reconciliation of certain financial measures, is furnished herewith as Exhibit 99.2 and incorporated by reference herein.

This Current Report on Form 8-K and the corresponding Exhibits 99.1 and 99.2 hereto are being furnished pursuant to Item 2.02 of Form 8-K. This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits:
Exhibit No. Description
99.1 Press release dated October 24, 2019
99.2 Presentation - Reconciliation of GAAP to Non-GAAP Financial Measures, Conference Call Presentation Slides, and Earnings Conference Call Transcript pertaining to Earnings Conference Call Conducted on October 24, 2019
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FORTIVE CORPORATION — /s/ Daniel B. Kim
Daniel B. Kim
Vice President - Associate General Counsel and Secretary