Welcome to our dedicated page for Rockwell Automat news (Ticker: ROK), a resource for investors and traders seeking the latest updates and insights on Rockwell Automat stock.
Rockwell Automation reports developments in industrial automation and digital transformation, including factory-floor control products, smart manufacturing software, and lifecycle services for industrial customers.
Recurring news covers quarterly results and guidance, dividend declarations, board and governance updates, investor conference appearances, and customer or partner deployments involving PlantPAx, Plex Smart Manufacturing Platform, and other automation technologies. Company updates also describe applications in refrigeration optimization, food production, warehouse automation, data centers, semiconductors, energy, cybersecurity, remote monitoring, and plant maintenance.
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Rockwell Automation (NYSE: ROK) reported strong fiscal Q2 2023 results, with sales increasing by 25.8% year over year to $2.275 billion. Organic sales grew 27.3%, aided by improved component availability. Net income surged to $300 million or $2.59 per share, compared to $53.9 million in the same period last year. Diluted EPS rose 463%, while adjusted EPS increased 81% to $3.01. The company updated its fiscal 2023 guidance, projecting reported sales growth of 12.5% - 16.5% (up from 10.0% - 14.0%) and diluted EPS between $11.71 - $12.41. With total ARR up 15%, Rockwell continues to strengthen its market position as a trusted industrial technology partner.