Ralliant, which was spun off from Fortive in June, reported earnings numbers including net income of $48 million

Ralliant, which was officially spun off from parent company Fortive at the end of June, has reported its first quarterly earnings as a standalone, publicly traded company. The numbers included $503 million in revenues, and net earnings of $48 million.

Ralliant’s test and measurement brands include Tektronix and Fluke. For a bit of historical context, Fortive itself was formed when test and comms assets were spun off from Danaher in 2016.

“At the end of June we successfully completed our separation from Fortive, achieving an important milestone in Ralliant’s journey,” said Tami Newcombe, president and CEO of Ralliant.

Ralliant has two operating segments: Test and Measurem

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