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Rockwell Automation, Inc. (NYSE: ROK) is a leading American provider of industrial automation solutions, dedicated to enhancing productivity and sustainability. The company's renowned brands include Allen-Bradley, FactoryTalk software, and LifecycleIQ Services. As a pure-play automation competitor, Rockwell Automation develops hardware and software products alongside comprehensive services aimed at optimizing industrial operations.
Tracing its roots back to Rockwell International, Rockwell Automation emerged as an independent entity following the spin-off of Rockwell Collins in 2001. The company operates through three primary segments: Intelligent Devices, Software and Control, and Lifecycle Services. The Intelligent Devices segment encompasses drives, sensors, and industrial components, while the Software and Control segment focuses on information, network, and security software. The Lifecycle Services segment offers consulting, maintenance services, and includes Rockwell's joint venture with SLB, Sensia.
Rockwell Automation has been at the forefront of industrial advancements for over 120 years, driving efficiency and innovation across various sectors. The company's holistic strategy emphasizes sustainability, underscoring its commitment to environmental stewardship and resource optimization. Recent notable achievements include an agreement with 1PointFive to purchase carbon dioxide removal (CDR) credits from a Direct Air Capture (DAC) facility in Texas, reflecting Rockwell Automation's goal of achieving net-zero carbon neutrality by 2030.
In collaboration with 1PointFive, Rockwell Automation supports technologies that advance sustainability objectives by providing practical, transparent, and durable carbon removal solutions. This partnership is a testament to Rockwell's dedication to connecting technology with human potential to build a more connected, productive, and sustainable world.
Additionally, Rockwell Automation has partnered with ISAP India Foundation to modernize dairy farming in the water-scarce region of Antargaon, Maharashtra. This corporate social responsibility (CSR) project leverages innovative technologies and digital solutions to enhance livestock development, resulting in increased milk production and improved livelihoods for local farmers.
Rockwell Automation continues to set industry standards through its cutting-edge solutions and unwavering focus on sustainability and social impact, making it a pivotal player in the global industrial automation landscape.
Rockwell Automation (NYSE: ROK) reported strong fiscal Q2 2023 results, with sales increasing by 25.8% year over year to $2.275 billion. Organic sales grew 27.3%, aided by improved component availability. Net income surged to $300 million or $2.59 per share, compared to $53.9 million in the same period last year. Diluted EPS rose 463%, while adjusted EPS increased 81% to $3.01. The company updated its fiscal 2023 guidance, projecting reported sales growth of 12.5% - 16.5% (up from 10.0% - 14.0%) and diluted EPS between $11.71 - $12.41. With total ARR up 15%, Rockwell continues to strengthen its market position as a trusted industrial technology partner.
Rockwell Automation, Inc. (NYSE: ROK) has announced that its SVP and CFO, Nick Gangestad, will participate in a virtual fireside chat at the Oppenheimer 18th Annual Industrial Growth Conference on May 10. The webcast is scheduled to start at 11:00 a.m. CDT and can be accessed on Rockwell Automation's Investor Relations website.
Established in Milwaukee, Wisconsin, Rockwell Automation is a global leader in industrial automation and digital transformation, employing around 26,000 people in over 100 countries. The company is dedicated to making the world more productive and sustainable through innovative technology.
Rockwell Automation, Inc. (NYSE: ROK) announced that SVP and CFO Nick Gangestad will present at the Goldman Sachs Industrials and Materials Conference on Tuesday, May 9, in New York.
The fireside chat is set to begin at approximately 10:15 a.m. EDT and will be accessible via webcast on the Rockwell Automation Investor Relations website.
Headquartered in Milwaukee, Wisconsin, Rockwell Automation is a leader in industrial automation and digital transformation, employing around 26,000 professionals across 100 countries. For further details, visit Rockwell Automation Investor Relations.
Rockwell Automation (NYSE: ROK) will showcase its industry-leading solutions for accelerating digital transformation in manufacturing at the Hannover Messe 2023 from April 17-21 in Hannover, Germany. Collaborating with partners like Microsoft, Cisco, Ericsson, PTC, and ODVA, Rockwell aims to address key challenges in production optimization, workforce empowerment, and sustainability.
With its PartnerNetwork™ ecosystem, the company emphasizes real-time data insights for quality control and productivity improvements. Highlights include the Plex Smart Manufacturing Platform at the Microsoft booth and cybersecurity solutions using Cisco technology. Rockwell's partnerships underscore its commitment to providing comprehensive solutions that enhance manufacturing efficiency and drive ROI.
Rockwell Automation, Inc. (NYSE: ROK) is set to announce its second quarter fiscal 2023 earnings on April 27, before market opening. The results will be accessible via the company's Investor Relations website. A conference call to discuss the results will occur at 7:30 a.m. CDT on the same day, available through audio webcast and for dial-in listeners. Presentation materials and a replay of the call will be available through May 26. Rockwell Automation, headquartered in Milwaukee, Wisconsin, is recognized as a leader in industrial automation, employing about 26,000 professionals globally.
Rockwell Automation (NYSE: ROK) partners with New Sky Energy and Moore Control Systems to enhance hydrogen sulfide (H2S) management in the biogas industry. This collaboration aims to scale the SulfurSolve® process, achieving over 99.9% H2S removal efficiency. The system significantly cuts operational costs by reducing chemical purchases and waste disposal expenses by up to 90%. Rockwell's control technology includes Allen-Bradley® CompactLogix™ controllers and PowerFlex® AC drives, facilitating a more sustainable conversion of organic waste into renewable energy.
The Board of Directors of Rockwell Automation (NYSE: ROK) has declared a quarterly dividend of
Zoovu, a leader in AI-powered product discovery, has announced the appointment of David Dean as CFO and Ken Yanhs as CMO, enhancing its executive team alongside CEO James Novak and CRO Ben Rey. Dean previously served as CFO at Fiix Software, where he contributed to its successful acquisition by Rockwell Automation (NYSE: ROK). Yanhs, from IntelyCare, played a key role in driving substantial revenue growth. The company is relocating its headquarters to Boston from the UK, signaling a commitment to global expansion. Zoovu reported 3x revenue growth in the last three years and raised $169 million in funding from FTV Capital (NYSE: FTV) to strengthen its platform.
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