Welcome to our dedicated page for Johnson Controls International news (Ticker: JCI), a resource for investors and traders seeking the latest updates and insights on Johnson Controls International stock.
News for Johnson Controls International plc (JCI) centers on its role in building technology, smart buildings and retail-focused solutions. The company regularly issues updates describing itself as the global leader for smart, healthy and sustainable buildings, and highlights how its technologies transform environments where people live, work, learn and play. Many announcements focus on innovations delivered through its OpenBlue digital offering and its presence in industries such as healthcare, schools, data centers, airports, stadiums and manufacturing.
A significant portion of Johnson Controls news involves Sensormatic Solutions, its global retail solutions portfolio. Sensormatic announcements cover new capabilities in loss prevention, inventory intelligence and traffic insight solutions. Recent items include the expansion of the Shrink Analyzer application with machine learning features, the introduction of Category-Level Shrink Insights using acousto-magnetic EAS technology, and the launch of the FLEX platform that combines storefront merchandising, retail media and loss prevention technologies.
Other news highlights TrueVUE Cloud inventory intelligence, including a platform-as-a-service option for retailers and collaborations with partners such as Keonn Technologies to support hands-free cycle counting and real-time merchandise location. Johnson Controls also features updates on AI-enabled sensors and video analytics, such as Orbit AI and Store Guest Behaviors, which provide shopper journey and traffic insights.
In addition, investors will find corporate and financial communications such as earnings conference call webcasts, strategic investments in areas like liquid cooling for AI and high-performance computing data centers, and disclosures related to portfolio changes. This news page brings together these varied updates so readers can follow how Johnson Controls and its Sensormatic Solutions portfolio evolve across building technology, retail operations and data center applications.
Johnson Controls International plc (NYSE: JCI) reported strong fiscal Q3 2021 earnings, with GAAP EPS of $0.80, and adjusted EPS of $0.83, up 24% year-over-year. Sales reached $6.3 billion, a 19% increase, driven by strong performance in their Building Solutions segments. Adjusted net income was $598 million, up 19%, with an EBIT margin of 13.4%. The company raised its full-year guidance, projecting mid-single-digit organic revenue growth and an adjusted EPS between $2.64 and $2.66. The recent acquisition of Silent-Aire is expected to enhance their presence in the data center market.
Johnson Controls International (NYSE: JCI) announced the redemption of its outstanding 3.750% Senior Notes, totaling $171,081,000, due December 1, 2021. The redemption will take place on September 1, 2021, with a price equal to 100% of the principal plus accrued interest. Payments will be made via The Depository Trust Company. This press release serves informational purposes and is not a solicitation to buy or sell any of the Notes.
Johnson Controls (NYSE: JCI), the leader in smart buildings, announced it has filed its 200th U.S. utility patent application related to its OpenBlue Central Utility Plant and energy optimization products. The company also received its 90th patent grant. Innovations include a system that predicts regional peak energy demand, helping clients reduce costs and emissions. Over 40 customers have purchased the Central Utility Plant, realizing significant energy savings, such as a pediatric medical center saving $250,000 annually. Johnson Controls has invested nearly $3 billion in R&D over the past five years, receiving multiple patents.
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Johnson Controls (NYSE: JCI) has launched the Community College Partnership Program, committing $15 million over five years to support nonprofit community colleges across the U.S. Starting in the 2021‒2022 academic year, ten colleges will receive funding to enhance programs in HVAC, fire and security, and digital building automation. This initiative aims to empower students from underserved communities by providing essential skills for in-demand jobs. Local employees will assist through volunteering and mentorship to ensure successful career paths for students.
Johnson Controls International plc (NYSE: JCI) will host its Third Quarter Fiscal 2021 Earnings Conference Call on July 30, 2021, at 8:30 a.m. EDT. Investors can access the call via webcast or telephone. The live webcast will be available for download on their investor site. A replay will also be accessible through the same channels from July 30 until August 6. Johnson Controls focuses on creating smart, healthy, and sustainable buildings, with a commitment to innovation for over 135 years.
Johnson Controls (NYSE: JCI) announced the launch of OpenBlue Net Zero Buildings as a Service, aimed at helping companies achieve net zero carbon and renewable energy goals. The offering streamlines the process for businesses to plan and execute sustainability initiatives. A recent survey revealed over 90% of respondents aim to cut carbon emissions and energy use by 2030. Additionally, the company introduced the OpenBlue Net Zero Advisor, providing AI-driven tracking of sustainability metrics. Johnson Controls aims to support various sectors including education and healthcare in their sustainability journeys.
Johnson Controls (NYSE: JCI) expressed strong support for the $1.2 trillion Bipartisan Infrastructure Framework, emphasizing its potential to enhance energy efficiency, reduce carbon emissions, and create jobs. Chief Sustainability Officer Katie McGinty highlighted that the framework includes funding for clean transportation, water, broadband, and climate resilience, addressing 40% of global emissions from buildings. Johnson Controls aims to leverage its OpenBlue technology to significantly improve energy efficiency in buildings, contributing to climate change solutions while benefiting taxpayers financially.
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