Welcome to our dedicated page for Vontier news (Ticker: VNT), a resource for investors and traders seeking the latest updates and insights on Vontier stock.
Vontier Corporation is a global industrial technology company serving the mobility ecosystem with productivity, automation and multi-energy technologies. News about VNT commonly covers operating results, portfolio actions, sustainability reporting and products from businesses such as Driivz, ANGI Energy, Gasboy, DRB and Teletrac Navman.
Company updates also address EV charging software, energy management, CNG and RNG compression and dispensing systems, fueling operations, fleet technology, car wash point-of-sale tools, material agreements, governance matters and capital-structure activity.
Vontier (NYSE: VNT) showcased technological innovations at the Retail Technology Conference, UNITI Expo, and ACT Expo in May 2024. These innovations include the Konect EV charging infrastructure, FlexPay 6 Payment Terminals, the iNFX cloud-based software, and the Electric Vehicle Evaluator tool. These solutions aim to modernize the mobility ecosystem through seamless integration, scalability, and enhanced customer experience. Vontier's commitment to innovation has led to a significant increase in product launches, positioning the company to capitalize on the growing investments in mobility infrastructure.
Vontier (NYSE: VNT), a global provider of critical technologies for the mobility ecosystem, has declared a regular quarterly cash dividend of $0.025 per share. The dividend will be payable on June 27, 2024, to shareholders of record as of June 6, 2024. While Vontier plans to continue paying dividends on a quarterly basis, future declarations, amounts, record dates, and payment dates will be determined at the discretion of its Board of Directors.
Vontier (NYSE: VNT) appointed Darrell Thomas to its Board of Directors on June 4, 2024. Darrell brings extensive financial and regulatory experience from roles at companies like Harley-Davidson and PepsiCo. His addition is expected to enhance Vontier's strategic decision-making and governance.
Vontier (NYSE: VNT) will participate in investor conferences, with key executives engaging in fireside chats and one-on-one meetings with investors. The events include Bank of America 31st Annual Transportation, Airlines and Industrials Conference and Wolfe Research 17th Annual Global Transportation & Industrials Conference. The Bank of America presentation will be webcast live on Vontier's website.
Vontier (NYSE: VNT) reported sales of $755.8 million in Q1 2024, down 3% YoY due to divested businesses. Core sales increased by 4% driven by strong demand in various sectors. GAAP diluted net EPS was $0.88, exceeding guidance. Operating profit increased by 6% to $142.1 million. Adjusted diluted net EPS was $0.74. The company initiated Q2 2024 guidance with adjusted diluted net EPS of $0.67 to $0.71.
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