Welcome to our dedicated page for Aptiv news (Ticker: APTV), a resource for investors and traders seeking the latest updates and insights on Aptiv stock.
Aptiv PLC reports developments in industrial technology for automated, electrified and digitalized systems across multiple end markets. Company news covers financial results, product launches, automation collaborations, and technologies such as Wind River edge platforms, Aptiv PULSE™ sensing and interconnect solutions, and Winchester Interconnect’s ruggedized connector platforms.
Coverage also includes Aptiv’s capital actions, including cash tender offers and senior note activity, along with corporate-status updates following the completed spin-off of its Electrical Distribution Systems business as Versigent. These updates reflect Aptiv’s focus on advanced software, optimized hardware, sensing, compute and high-performance interconnect technologies.
Aptiv PLC (NYSE: APTV) has been recognized as one of the World's Most Ethical Companies for the 11th consecutive year by Ethisphere, a leader in ethical business practices. This recognition highlights Aptiv's commitment to fostering an ethical culture and building trust among its stakeholders. According to CEO Kevin Clark, the company's values play a crucial role in its ongoing success. Aptiv focuses on developing safer, greener, and more connected mobility solutions, emphasizing the importance of ethics in their operations.
Aptiv PLC (NYSE: APTV) has announced a quarterly cash dividend of $1.375 per share on its 5.50% Series A Mandatory Convertible Preferred Shares. This dividend will be paid on March 15, 2023 to shareholders recorded by the close of business on March 1, 2023. The company focuses on making mobility safer, greener, and more connected, contributing to a sustainable future in mobility.
Aptiv PLC (NYSE: APTV) reported robust financial results for Q4 and full year 2022. Q4 U.S. GAAP revenue was $4.6 billion, a 12% increase, with adjusted revenue growth at 19%. Net income for Q4 was $233 million, translating to $0.86 per diluted share, while adjusted EPS was $1.27. For 2022, total revenue reached $17.5 billion, up 12%, with a net income of $531 million. The company generated $933 million in cash from operations during Q4. Notably, Aptiv completed acquisitions of Wind River and Intercable Automotive, enhancing its market position. For 2023, Aptiv forecasts net sales between $18.7 billion and $19.3 billion.
Aptiv PLC (NYSE: APTV), a leading global technology firm, will showcase its innovations at Citi's 2023 Global Industrial Tech and Mobility Conference on February 21 at 1:50 p.m. Eastern Time. The conference aims to highlight advancements in mobility solutions that are safer and environmentally friendly. Investors can tune into a live webcast of the presentation through the Aptiv Investor Relations website, which emphasizes the company's commitment to a sustainable future in mobility.
For more information, visit aptiv.com.
Aptiv PLC (NYSE: APTV) will present at the Wolfe Research Global Auto, Auto Tech, and Mobility Conference on February 15 at 10:35 a.m. Eastern Time. The conference aims to highlight advancements in automotive technology and mobility solutions. A webcast of the presentation will be available on the company’s Investor Relations website. Aptiv focuses on making mobility safer, greener, and more connected, emphasizing their commitment to a sustainable future. For more details, visit aptiv.com.
Aptiv PLC (NYSE: APTV), a global leader in mobility technology, will participate in the Barclays Industrial Select Conference on February 22, 2023, at 8:00 a.m. Eastern Time. This presentation aims to showcase Aptiv's commitment to creating safer, greener, and more connected mobility solutions. A webcast of the event will be accessible via the Aptiv Investor Relations website. The company is dedicated to advancing sustainable mobility innovations.
Aptiv PLC (NYSE: APTV) will announce its fourth quarter 2022 financial results on February 2, 2023. The announcement will be followed by an investor call at 8:00 a.m. EST, led by Chairman and CEO Kevin Clark and CFO Joseph Massaro. Investors can access the live webcast and presentation materials on the Aptiv Investor Relations website, with a replay available two hours post-call. For telephonic participation, dial 800-239-9838 (U.S.) or +1 323-794-2551 (international) 15 minutes prior to the call, using conference ID 6982101.
Aptiv PLC (NYSE: APTV) has completed its acquisition of Wind River for $3.5 billion, down from an initial price of $4.3 billion. This strategic acquisition aims to enhance Aptiv’s capabilities in developing software for intelligent edge applications, particularly in the automotive sector. Wind River's technology is currently utilized in over two billion devices across industries such as aerospace, telecommunications, and automotive. The integration is expected to generate significant value for customers by advancing software-defined vehicles and will be accretive to adjusted earnings per share in 2023.
Aptiv PLC (NYSE: APTV) has appointed Benjamin Lyon as the new senior vice president and chief technology officer. With over two decades of experience at companies like Apple and Astra Space, Lyon will lead Aptiv's technology roadmap and global engineering organization. He succeeds Glen De Vos, who will focus on transformation and special programs. Lyon's expertise includes developing cutting-edge technologies in mobility, positioning Aptiv to enhance its capabilities in a rapidly evolving market.
Aptiv PLC (NYSE: APTV) has acquired an 85% stake in Intercable Automotive Solutions for €595 million, enhancing its vehicle architecture systems. This acquisition is set to be accretive to earnings per share starting 2023. The deal allows Intercable to leverage Aptiv's global reach, expanding its market influence while operating as a separate unit within Aptiv's Signal & Power Solutions segment. CEO Kevin Clark emphasizes the strategic importance of this acquisition in optimizing high voltage architecture solutions.