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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 a 1.8% increase in second-quarter fiscal 2022 sales, totaling $1,808 million. Organic sales saw a 1.3% rise, while acquisitions contributed 2.3% to growth. Total annual recurring revenue (ARR) grew over 50%, with organic ARR up 17%. However, diluted EPS fell to $0.46, down significantly from $3.54 year-over-year. Guidance for fiscal 2022 was revised down, now expecting diluted EPS between $7.60 and $8.20. The board authorized an additional $1.0 billion for share repurchases.
Rockwell Automation (NYSE: ROK) will report its second quarter fiscal 2022 results on May 3 before market opening. The financial results will be available on the Rockwell Automation Investor Relations website. A conference call to discuss the results is scheduled for 7:30 a.m. CDT on the same day, accessible via dial-in and an audio webcast. Recording materials will be available on the website until June 3.
Rockwell Automation is a leader in industrial automation, headquartered in Milwaukee, employing around 24,500 professionals globally.
Rockwell Automation (NYSE: ROK) has announced the opening of registration for ROKLive, an in-person event scheduled for June 13-16 in Orlando, Florida. This event will combine ROKLive with Plex Systems’ PowerPlex, gathering leaders in operations, maintenance, engineering, and technology. Participants can expect keynote presentations, over 125 interactive sessions, and a Connected Enterprise Expo showcasing the latest in industrial automation technologies. Early bird registration discounts are available until April 28.
Kalypso, the digital services arm of Rockwell Automation (NYSE: ROK), announces the appointment of Aleksandar Boskovic, an automotive and tire industry expert. With over 20 years of experience, Boskovic is expected to enhance Kalypso's service offerings, particularly in automotive and tire sectors. His previous roles include positions at Fortune 500 companies and as digital manufacturing services director at Accenture. This strategic hire comes as Kalypso expands its capabilities in supply chain, data science, and sustainability, aiming to provide advanced solutions for its clients.
Rockwell Automation (NYSE: ROK) has declared a quarterly dividend of $1.12 per share, following its latest Board review. The dividend is payable on June 10, 2022, to shareholders of record by the close of business on May 16, 2022. This decision highlights the company’s commitment to returning value to shareholders while reinforcing its position as a leader in industrial automation and digital transformation.
Rockwell Automation (NYSE: ROK) announced that Nick Gangestad, SVP and CFO, will present at the J.P. Morgan Industrials Conference in New York on March 15, 2022. The fireside chat is scheduled to start at approximately 8:50 a.m. EST and will be webcasted on the Rockwell Automation Investor Relations website.
Rockwell Automation is a global leader in industrial automation, headquartered in Milwaukee, employing around 24,500 people in over 100 countries. For more information, visit their investor relations page.
Rockwell Automation (NYSE: ROK) announced that SVP and Chief Technology Officer Cyril Perducat will present at the BofA Global Industrials Conference on March 15, 2022, in London. The fireside chat will be webcast starting at 8:00 a.m. GMT and will be accessible on the Rockwell Automation Investor Relations website.
Rockwell Automation, headquartered in Milwaukee, Wisconsin, is a leader in industrial automation, employing approximately 24,500 professionals across over 100 countries.
Rockwell Automation (NYSE: ROK) announced the immediate suspension of operations and sales in Russia and Belarus in light of the ongoing conflict in Ukraine. The company supports U.S. sanctions and has made a financial contribution to Project HOPE for humanitarian relief. Sales in these countries account for less than 0.5% of total revenue. Rockwell will continue to pay salaries and benefits to its 30 Russian employees, though it has no direct employees in Ukraine or Belarus.
Rockwell Automation (NYSE: ROK) has appointed Nicole Darden Ford as its new Chief Information Security Officer, effective March 21. She will replace Dawn Cappelli, who retired in February. Darden Ford brings over 20 years of IT leadership experience, previously serving as global vice president at Carrier and Baxter International. Her extensive background includes cybersecurity and digital transformation, crucial for the company's growth strategies. Senior VP Chris Nardecchia expressed confidence in her expertise to enhance Rockwell's digital and cybersecurity initiatives.
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