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Items filtered by date: November 2024 - CIMdata
Emerson reported results1 for its first quarter ended December 31, 2024 and updated its full year outlook for fiscal 2025. Emerson also declared a quarterly cash dividend of $0.5275 per share of common stock payable March 10, 2025 to stockholders of record on February 14, 2025.  (dollars in millions, except per share) 2024 Q1 2025 Q1 Change Underlying Orders2 1% Net Sales Underlying Sales3 $4,117 $4,175 1% 2% Pretax Earnings Margin $175 4.2% $775 18.6% 1440 bps Adjusted Segment EBITA4 Margin $1,014 24.6% $1,169 28.0% 340 bps GAAP Earnings Per Share Adjusted Earnings Per Share5 $0.29 $1.22 $1.02 $1.38 252% 13% Operating Cash Flow Free Cash Flow $444 $367 $777 $694 75% 89% Management Commentary “Emerson began the fiscal year on a strong note, exceeding first quarter expectations for incremental operating margins and earnings per share with strong cash flow generation,” said Emerson President and Chief Executive Officer Lal Karsanbhai. “Our record gross profit margin and adjusted segment EBITA margin reflect the strength of our transformed industrial technology portfolio and Emerson Management System, as well as the talent and dedication of our world-class team.” Karsanbhai continued, “We reiterate our guide for underlying sales, earnings per share and cash flow
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Honeywell announced results for the fourth quarter and 2024 that met or exceeded the company's updated full-year guidance. The company also provided its outlook for 2025 and separately announced its Board of Directors completed the comprehensive business portfolio evaluation launched a year ago by chairman and chief executive officer Vimal Kapur and intends to pursue a full separation of Automation and Aerospace Technologies. The company reported fourth-quarter year-over-year sales growth of 7% and organic1 sales growth of 2%, or 6% excluding the impact of the previously announced Bombardier agreement4, led by double-digit organic1 sales growth in defense and space and building solutions. Despite ongoing macroeconomic challenges, Honeywell's backlog grew 11% to a record $35.3 billion. Earnings per share for the fourth quarter was $1.96, up 3% year over year. Adjusted earnings per share1 was $2.47, down 8% year over year, exceeding previous guidance, or up 9% excluding the $0.45 impact of the Bombardier agreement4. Operating income increased 10% and operating margin expanded 50 basis points
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PTC reported financial results for its first fiscal quarter ended December 31, 2024. “In Q1’25, we delivered solid year-over-year constant currency ARR growth of 11% and cash flow growth above 25%, which was in-line with our guidance. Our differentiated strategy leverages our unique portfolio to help product companies accelerate their time to market and manage increasing complexity. It’s an exciting time because our products are at the epicenter of driving business transformation at our customers,” said Neil Barua, President and CEO, PTC. “In order to better serve the needs of our customers and strengthen our ability to drive consistent growth, in Q1’25, we began the realignment of our go-to-market organization to align with the vertical industries we serve. We will continue to focus on optimizing how we operate, so we can increase customer value while also enhancing shareholder returns,” concluded Barua. First Fiscal Quarter 2025 Highlights “In a selling environment that continued to be challenging,
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Renesas Electronics Corporation announced consolidated financial results in accordance with IFRS for the year ended December 31, 2024. Summary of Consolidated Financial Results (Note 1) Summary of Consolidated Financial Results (Non-GAAP basis) (Note 2)   Three months ended December 31, 2024 The year ended December 31, 2024   Billion Yen % of revenue Billion Yen % of revenue Revenue 292.6 100.0 1,348.5 100.0 Gross profit 160.5 54.9 756.3 56.1 Operating profit 75.4 25.8 397.9 29.5 Profit attributable to owners of parent 71.9 24.6 360.4 26.7 EBITDA (Note 3) 98.2 33.6 486.2 36.1 Summary of Consolidated Financial Results (IFRS basis)   Three months ended December 31, 2024 The year ended December 31, 2024   Billion yen % of revenue Billion yen % of revenue Revenue 292.6 100.0 1,348.5 100.0 Gross profit 159.2 54.4 749.8 55.6 Operating profit 22.1 7.5 223.0 16.5 Profit attributable to owners of parent 21.8 7.4 219.1 16.2 EBITDA (Note 3) 78.4 26.8 433.7 32.2 Reconciliation of Non-GAAP gross profit to IFRS gross profit and Non-GAAP operating profit to IFRS operating profit (Billion yen)   Three months ended December 31, 2024 The year ended December 31, 2024 Non-GAAP gross profit Non-GAAP gross margin 160.5 54.9% 756.3 56.1% Amortization of purchased intangible assets and depreciation of property, plant and equipment (0.2) (1.0) Stock-based compensation (0.8) (2.8) Other reconciliation items in non-recurring expenses and adjustments (Note 4) (0.3) (2.6) IFRS gross profit IFRS gross margin 159.2 54.4% 749.8 55.6%       Non-GAAP
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Trimble will hold a conference call on Wednesday, February 19, 2025 at 8 a.m. ET to review its fourth quarter and full year 2024 results. The call will be broadcast live on the web at https://investor.trimble.com. Investors and participants who wish to dial into the call may do so by first registering at https://registrations.events/direct/Q4I841133938. Upon registration, dial-in details will be sent via email to the registrant. To view the original press release, please click here. Search for Trimble on CIMdata.com
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Mittwoch, Februar 05, 2025

AMETEK Acquires Kern Microtechnik

AMETEK, Inc. announced the acquisition of Kern Microtechnik, a leading manufacturer of high-precision machining and optical inspection solutions. Kern specializes in the design and manufacture of ultra-precision manufacturing solutions capable of achieving sub-micron level accuracy. Kern's advanced product portfolio includes high-precision machining solutions and optical tool inspection systems. Their highly engineered solutions support a wide range of applications that demand exceptional precision, including within the medical, semiconductor, research, and space markets.  "We are excited to welcome the Kern Microtechnik family to AMETEK," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Kern is an outstanding strategic fit with our Ultra Precision Technologies division, providing attractive technology, market and geographic expansion synergies. We look forward to leveraging our respective design and engineering capabilities to further advance our precision manufacturing capabilities." Kern is headquartered near Munich, Germany and has annual sales of approximately €50 million. Kern will join AMETEK as part of its Electronic Instruments Group (EIG) - a leader
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Aspen Technology, Inc. (“AspenTech” or the “Company”), a global leader in industrial software, announced financial results for its second quarter in fiscal 2025, ended December 31, 2024. Second Quarter Fiscal Year 2025 and Recent Business Highlights Annual contract value (“ACV”) was $964.9 million for the second quarter of fiscal 2025, increasing 9.2% year over year and 2.5% quarter over quarter. Cash flow from operations was $38.1 million and free cash flow was $36.4 million in the second quarter of fiscal 2025. Second Quarter Fiscal Year 2025 Financial Results Summary AspenTech’s total revenue was $303.6 million in the second quarter of fiscal 2025, compared to $257.2 million in the second quarter of fiscal 2024. Total revenue in the period included license and solutions revenue of $188.2 million, compared to $152.5 million in the second quarter of fiscal 2024, maintenance revenue of $90.6 million, compared to $85.1 million in the second quarter of fiscal 2024, and services
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Autodesk, Inc. announced it will share its fourth quarter fiscal 2025 financial results conference call via its website on Thursday, February 27, 2025, at 2 p.m. Pacific Time. Join the live webcast call here: autodesk.com/investors. An audio replay of the webcast will be available after 5 p.m. PT at autodesk.com/investors. More information will be available on autodesk.com/investors. To view the original press release, please click here. Search for Autodesk on CIMdata.com
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DXC Technology reported results for the third quarter of fiscal year 2025. “I am pleased with our third quarter performance. Our operating model changes and focus on disciplined execution is reflected in our third quarter financial results, which were ahead of guidance. The go to market changes we have made are starting to take hold, driving a meaningful improvement in bookings performance,” said DXC Technology President and CEO, Raul Fernandez. "Reflecting on my first year as CEO, I'm very confident that we are on the right path to building a business with profitable and sustainable revenue growth." Financial Highlights - Third Quarter Fiscal Year 2025 Total revenue was $3.23 billion, down 5.1% year-over-year (down 4.2% on an organic basis)(1). EBIT was $146 million, down 37.6% year-over-year with a corresponding margin of 4.5%. Adjusted EBIT(2)was $286 million, up 11.7% year-over-year, with a corresponding margin(2)of 8.9%. Diluted earnings per share was $0.31, down 61.7% year-over-year. Non-GAAP diluted
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Keysight Technologies, Inc. will release financial results for the fiscal quarter ending January 31, 2025 after the close of the market on Tuesday, February 25, 2025. The company will host a conference call that day at 1:30 p.m. PT (4:30 p.m. ET) to review the financial results. The conference call will be webcast live and accessible in the Upcoming Events section of the Keysight investor relations website, investor.keysight.com. The call can also be accessed by dialing 1-404-975-4839 or 1-833-470-1428 toll-free (access code 992044). A replay of the conference call will be available for 90 days in the News, Events, Presentations section of the Keysight investor relations website. To view the original press release, please click here. Search for Keysight on CIMdata.com
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