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), 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.
Aptiv PLC (NYSE: APTV) announced its presentation at the Barclays Global Automotive and Mobility Tech Conference on December 1 at 8:40 a.m. Eastern Time. The event will be available via a simultaneous webcast on the Aptiv Investor Relations website. Aptiv is a global technology company focused on creating safer, greener, and more connected mobility solutions. For more details, visit aptiv.com.
Aptiv PLC (NYSE: APTV) announced a quarterly cash dividend of $1.375 per share on its 5.50% Series A Mandatory Convertible Preferred Shares. This dividend is payable on December 15, 2022, to shareholders who are on record by December 1, 2022. This decision reflects the company's commitment to returning value to its shareholders while focusing on sustainable mobility solutions.
Aptiv PLC (NYSE: APTV) reported strong third-quarter 2022 results with U.S. GAAP revenue of $4.6 billion, a 26% increase year-over-year. Excluding special items, diluted earnings per share reached $1.28. Year-to-date revenue stands at $12.8 billion, up 12%, with net income of $298 million. The adjusted operating income margin improved to 11.4% in Q3 due to increased vehicle production. The full-year 2022 guidance expects net sales between $17 billion and $17.3 billion.
Aptiv PLC (NYSE: APTV) is set to release its third quarter 2022 financial results on November 3, at 8:00 a.m. EDT. The investor call will be led by Kevin Clark, Chairman and CEO, alongside Joseph Massaro, CFO. The event will be accessible via live webcast, with a replay available two hours after. Aptiv focuses on developing advanced mobility solutions aimed at ensuring a safer and more sustainable future. For further details, visit Aptiv Investor Relations.
Aptiv PLC (NYSE: APTV) announced a definitive agreement to acquire an 85% stake in Intercable Automotive Solutions for €595 million. Intercable, based in Italy, specializes in high-voltage power distribution and connection technologies, projected to generate €250 million in 2022 sales. The acquisition strengthens Aptiv's Signal & Power Solutions segment and enhances its position as a supplier for electric vehicle manufacturers. The transaction is expected to close by year-end 2022 and is projected to be accretive to EPS in 2023.