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Vontier Corporation (VNT) delivers essential mobility infrastructure solutions through its industrial technology portfolio. This dedicated news hub provides investors and professionals with timely updates on corporate developments, strategic initiatives, and market positioning.
Access official press releases, earnings reports, and analysis of Vontier's innovations in fueling systems, telematics, and fleet management technologies. Our curated collection serves as a comprehensive resource for tracking the company's progress in shaping transportation infrastructure worldwide.
Key updates include product launches, strategic partnerships, and technology advancements across Vontier's mobility ecosystems. Users benefit from centralized access to operational updates while maintaining perspective on industry trends impacting the company's markets.
Bookmark this page for streamlined monitoring of Vontier's developments in environmental sensors, payment solutions, and diagnostic tools. Check regularly for verified information supporting informed decisions about this industrial technology innovator.
Vontier announced strong Q2 2022 results with GAAP EPS of $0.21 and adjusted EPS of $0.72, reflecting an 18% increase. Revenue rose 7.2% year-over-year to $776.4 million, driven by growth in DRB and Environmental sectors. The company plans to acquire Invenco, a leader in retail payment solutions, for $80 million, enhancing its digital strategy and growth profile. Expected revenue from Invenco is $80 million with mid-40% gross margins. Vontier forecasts Q3 diluted EPS between $0.72 to $0.77 and full-year diluted EPS of $3.30 to $3.40.
Vontier Corporation (NYSE: VNT) has appointed Hani Joakim as Chief Technology Officer (CTO) to enhance its digital strategy. This role aims to strengthen the company's position in the digital transformation of customer workflows, focusing on connected solutions. Joakim will leverage his extensive experience, including previous leadership at 7-Eleven and Sabre Corporation, to drive growth and innovation. According to CEO Mark D. Morelli, Joakim is poised to guide Vontier through the evolving digital landscape, aligning business strategies with consumer needs.
Vontier Corporation (NYSE: VNT) will host its earnings conference call for Q2 2022 on August 4, 2022, at 8:00 a.m. ET. The call will be accessible via webcast on Vontier's website, with a replay available post-event. Investors can dial in to participate, with specific numbers provided for both U.S. and international callers. Vontier is currently in a 'quiet period' until the earnings release, limiting interaction with the investment community. For further details, visit the 'Investors' section of Vontier's website.
Vontier Corporation (NYSE: VNT) has declared a quarterly cash dividend of $0.025 per share, scheduled for payment on June 23, 2022, to stockholders of record on June 2, 2022. The company plans to maintain quarterly dividends, but future payments are subject to the Board's discretion. As a global industrial technology firm, Vontier focuses on innovative solutions for mobility and transportation challenges, emphasizing customer commitment and sustainable practices.
Vontier Corporation (NYSE: VNT) announced that CEO Mark Morelli and CFO David Naemura will present at the Wolfe Research 15th Annual Global Transportation & Industrials Conference on May 26, 2022, at 8:35 a.m. EDT. The presentation will be available as a simultaneous webcast and archived on the Vontier website. Vontier is a global industrial technology company focused on innovative mobility and transportation solutions, dedicated to delivering sustainable solutions for a better world.
Vontier Corporation (NYSE: VNT) reported a strong Q1 2022, with net earnings of $250.2 million and adjusted net earnings of $115.9 million. Revenue rose 5.7% year-over-year to $748.1 million, despite a slight core revenue decrease of 0.1%. The company announced an accelerated share repurchase program, deploying $441.9 million in capital, including $257 million for share buybacks. Vontier raised its full-year adjusted diluted net earnings per share guidance to $3.20 to $3.30. CEO Mark D. Morelli highlighted the focus on enhancing its growth portfolio and strategic exits of underperforming segments.
Vontier Corporation (NYSE: VNT) announced an upcoming webcast for its first quarter 2022 earnings conference call, scheduled for May 5, 2022, at 8:00 a.m. ET. Investors can access the call via telephone or by streaming on Vontier's website. A replay will be available post-call. Currently, the company is in a quiet period until the earnings release. Vontier is focused on providing innovative solutions for mobility and transportation challenges.
Vontier Corporation (NYSE: VNT) announced that David Naemura, Senior VP and CFO, will present at the 14th Annual Evercore ISI Industrial Conference on Tuesday, March 1, 2022, at 3:40 p.m. ET. The presentation will be available via a live webcast and will be archived on the company's website.
Vontier is a global industrial technology company focused on next-gen mobility solutions, emphasizing sustainability and customer commitment.
Vontier Corporation (NYSE: VNT) has entered into a $250 million accelerated share repurchase agreement with Citibank, part of its $500 million share repurchase authorization announced in May 2021. This move signals Vontier's strong conviction in its business and growth prospects during a multi-year portfolio transformation. The company aims to balance capital allocation between investing and returning capital to shareholders. With this ASR, approximately $250 million will remain under the repurchase authorization, with plans for further repurchases later this year.
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