Welcome to our dedicated page for Aptiv PLC news (Ticker: APTV), a resource for investors and traders seeking the latest updates and insights on Aptiv PLC stock.
Aptiv PLC (NYSE: APTV) is a global technology company dedicated to advancing safer, greener, and more connected transportation solutions, thus contributing to the sustainable future of mobility. Aptiv’s core operations are divided into two main segments: Signal and Power Solutions and Advanced Safety and User Experience. The Signal and Power Solutions segment includes products such as wiring assemblies, connectors, electrical centers, and hybrid electrical systems which are essential to a vehicle’s electrical framework.
The Advanced Safety and User Experience segment is responsible for the development of body controls, infotainment systems, connectivity solutions, and driver-assist technologies. This segment also engages in creating software for these systems, emphasizing advanced driver-assistance technologies (ADAS) and passive and active safety electronics.
In recent years, Aptiv has formed significant partnerships to drive technological advancements. Notably, in 2023, Aptiv entered a strategic collaboration with Horizon Robotics to bolster automated driving solutions in China. This partnership aims to innovate with integrated software and hardware solutions tailored specifically for the Chinese automotive market. Furthermore, Aptiv’s acquisition strategy and partnerships, such as with Wind River, enhance its software offerings for critical systems, further supporting its market position in both hardware and software innovation.
Financially, Aptiv has shown robust performance with significant revenue contributions from key markets such as North America, Europe, and Asia, which together represent nearly its total revenue. The company achieved a 15% increase in revenue in the year 2023, reaching $20.1 billion, with substantial gains from both its primary segments. The company’s operational efficiency is highlighted by improvements in adjusted operating income margins and continued strong cash flow generation.
As part of its forward-looking strategy, Aptiv remains focused on enhancing its product portfolio and technological capabilities through investment in R&D and strategic acquisitions. This strategy aligns with the company’s vision to enable the future of mobility through innovation in electrification, connectivity, and automation.
Aptiv PLC (NYSE: APTV) reported third quarter 2021 earnings of $0.32 per diluted share, or $0.38 excluding special items. Revenue reached $3.7 billion, a 5% decline when adjusted for currency and other factors. Year-to-date revenue increased by 30% to $11.5 billion, with adjusted operating income growing significantly. Despite challenges from supply chain shortages affecting production capacity, Aptiv is poised to capitalize on trends in active safety and electrification in vehicles. The company projects revenues for the full year between $15.1 and $15.5 billion.
Aptiv PLC (NYSE: APTV) will announce its third quarter 2021 financial results on November 4, 2021, followed by an investor call at 8:00 a.m. EDT. The call will feature President and CEO Kevin Clark and CFO Joseph Massaro. Interested participants can join via telephone or access a live webcast on Aptiv's Investor Relations website. A replay of the call will be available two hours after it concludes.
Aptiv PLC (NYSE: APTV) updated its full-year 2021 financial guidance, citing a 7% decrease in global vehicle production, now expected to be 79 million units due to COVID-19 and semiconductor shortages. The company anticipates Q3 production of 18 million units (down 15%) and Q4 production of 20 million units (down 13%). Consequently, full-year revenue is projected between $15.1 and $15.5 billion, a 6% decline from previous forecasts. Adjusted operating income margins are now estimated at 7.6% to 8.4%, reflecting operational inefficiencies and rising costs.
Aptiv PLC (NYSE: APTV) announced that Chief Financial Officer Joseph Massaro will present at the Evercore ISI Autotech & AI Forum on September 21, 2021, at 11:00 a.m. EDT. The event will focus on new paradigms in mobility, electrification, and computing, reflecting Aptiv's commitment to making mobility safer and more connected. A webcast of the presentation will be available on the Aptiv Investor Relations website. For more details, interested parties can contact Aptiv Investor Relations.
Aptiv PLC (NYSE: APTV), a global technology firm focused on enhancing mobility's safety and sustainability, is set to present at the Morgan Stanley 9th Annual Laguna Conference on September 15, 2021, at 1:30 p.m. EDT. CFO Joseph Massaro will lead the discussion. A live webcast will be accessible on the Aptiv Investor Relations website. For further inquiries, Aptiv's Investor Relations can be reached at ir@aptiv.com.
Aptiv PLC (NYSE: APTV) has announced that Chief Financial Officer Joseph Massaro will present at the Piper Sandler Global Technology Conference on September 13, 2021, at 9:00 a.m. EDT. The event aims to highlight Aptiv's commitment to creating safer, greener, and more connected mobility solutions. A simultaneous webcast will be available on Aptiv's Investor Relations website, ensuring accessibility for stakeholders and investors. For more information, investors can contact Aptiv Investor Relations.
Aptiv PLC (NYSE: APTV), a technology leader in mobility solutions, announced that CFO Joseph Massaro will present at the RBC Capital Markets Global Industrials Conference on September 10 at 10:40 a.m. EDT. The presentation aims to highlight Aptiv's mission to enhance mobility through safer, greener, and more connected technologies. A live webcast will be accessible through Aptiv's Investor Relations website. For further inquiries, investors may contact Aptiv Investor Relations. Visit aptiv.com for more information.
Aptiv PLC announced a cash dividend of $1.375 per share on its 5.50% Series A Mandatory Convertible Preferred Shares. The dividend will be payable on September 15, 2021, to shareholders of record by September 1, 2021. This decision reflects the company's commitment to returning value to shareholders and its strong financial position. Aptiv continues to focus on developing innovative solutions for a more sustainable future of mobility, demonstrating confidence in its operational strategy.
Aptiv PLC (NYSE: APTV), a leader in mobility technology, will present at the J.P. Morgan 2021 Auto Conference on August 12 at 12:00 p.m. EDT. Presenters include President and CEO Kevin Clark and CFO Joseph Massaro. A live webcast of the event will be accessible on Aptiv's Investor Relations website. This conference underscores Aptiv's commitment to advancing safer, greener, and more connected mobility solutions. For more information, visit ir.aptiv.com.
Aptiv PLC reported strong second quarter 2021 results with U.S. GAAP revenue of $3.8 billion, a 94% increase year-over-year. Adjusted diluted earnings per share rose to $0.60, compared to a loss in the prior year. Year-to-date, revenue reached $7.8 billion, up 51%, with a net income of $426 million. The company generated $297 million in cash from operations in Q2 and raised its full-year guidance, anticipating net sales between $16.1 billion and $16.4 billion.
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