Welcome to our dedicated page for Rockwell Automation news (Ticker: $ROK), a resource for investors and traders seeking the latest updates and insights on Rockwell Automation stock.
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Rockwell Automation, Inc. (NYSE: ROK) reported second-quarter fiscal 2024 results with a 6.6% decrease in sales year over year. Diluted EPS was $2.31, and adjusted EPS was $2.50, both down year over year. The company updated its fiscal 2024 guidance for sales and EPS. Total ARR grew 20%, but organic sales were down 8.1% year over year. Nicholas Gangestad, CFO, announced upcoming retirement.
Rockwell Automation has partnered with Mahindra University to develop a 'Climate Solutions' course to equip students with sustainability best practices. The collaboration includes a hands-on climate solutions laboratory and joint research efforts. The goal is to prepare the future workforce with expertise in addressing sustainability challenges.
Rockwell Automation (NYSE: ROK) is expanding its presence in India by opening a new manufacturing facility in Chennai. The 98,000-square-foot facility aims to support supply chain resilience in the Asia Pacific region and globally, leveraging India's fast-growing economy. The facility is set to open in the first half of 2025, creating career opportunities for around 230 workers.
