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 (NYSE: JCI) launched OpenBlue, a suite of connected solutions and services aimed at enhancing smart and sustainable buildings. This comprehensive digital platform integrates advanced technology with 135 years of industry expertise to improve safety, efficiency, and sustainability. OpenBlue enables dynamic building management through AI-infused services and operational flexibility, addressing critical needs such as COVID-19 response, energy savings, and security. Partnerships with Fortune 100 companies will enhance its capabilities, marking a significant evolution in building management technology.
Johnson Controls International plc (NYSE: JCI) reported a fiscal Q3 2020 GAAP loss per share of $0.24. Adjusted EPS was $0.67, up 3% year-over-year. Sales fell 17% to $5.3 billion, driven by COVID-19 impacts, with an adjusted EBIT of $707 million and a margin of 13.2%. The company reported a non-cash goodwill impairment charge of $424 million related to their Retail business. For Q4, JCI expects an organic revenue decline of 9% to 11% and an adjusted EPS guidance of $0.68 to $0.72. The launch of the OpenBlue digital platform is expected to enhance operational efficiency.
Johnson Controls (NYSE:JCI) announced the launch of the Tyco Illustra Pro Thermal EST, a smart elevated skin temperature scanning solution designed to enhance safety in buildings during the pandemic. This contactless system exceeds standards set by the International Electrotechnical Commission and complies with FDA guidelines. The technology ensures rapid and accurate temperature screening, minimizing crowding, and facilitating a smoother entry experience. The product is available in the US and will be released globally in phases.
Johnson Controls International plc (NYSE: JCI) announced its Third Quarter Fiscal 2020 Earnings Conference Call set for July 31, 2020 at 8:30 a.m. EDT. The call will be accessible via webcast and telephone. A replay will be available from 10:30 a.m. EDT on the same day until August 8, 2020. Johnson Controls focuses on optimizing environments across various sectors, including healthcare and education, with a workforce of 105,000 experts globally. For further details, investors can visit their investor relations page.
Johnson Controls (NYSE:JCI) and Lawrence Berkeley National Laboratory announced the public launch of the Building Efficiency Targeting Tool for Energy Retrofits (BETTER). This open-source tool allows for rapid energy consumption analysis and improvement recommendations without on-site audits, crucial during the COVID-19 pandemic. Over 400,000 energy efficiency workers in the U.S. are currently unemployed, highlighting the tool's importance. BETTER has been tested in over 700 buildings globally, with applications across multiple organizations including schools and energy companies.
Johnson Controls (NYSE: JCI) emphasizes its commitment to enhancing indoor air quality in buildings as they reopen post-pandemic. The company focuses on improving HVAC systems to increase outdoor air circulation and filtration, utilizing UV-C lighting to eliminate pathogens. As part of its strategy, Johnson Controls highlights products like York Air Handling Units and Koch Filters to ensure healthier environments. The ongoing demand for healthy building solutions is expected to drive investments as economies recover, underscoring the importance of air quality in public health.