Tag: smart buildings
Q2 sales flat for Johnson Controls, may be eyeing sale of ADT Alarms business
May 3, 2024SSN Staff
CORK, Ireland – Johnson Controls International (JCI) plc has reported its fiscal second quarter (Q2) 2024 results, and the company may be looking to divest itself of one of its non-core businesses.
GAAP earnings per share (“EPS”) of $(0.41). Excluding special items, adjusted EPS was $0.78 (see attached footnotes for non-GAAP reconciliation). Sales in the quarter of $6.7 billion were flat compared to the prior year on an as reported basis and increased 1% organically. GAAP...
Johnson Controls paper outlines future of commercial smart buildings
December 26, 2023SSN Staff
CORK, Ireland – With calls to meet sustainable growth targets looming over a number of industries, Johnson Controls (JCI) has a plan in mind.
The company recently released "The Smart Building of the Future," a new paper that outlines how smart buildings equipped with advanced technologies like Artificial Intelligence (AI), IoT, cloud and cybersecurity will help enterprises create a future where buildings integrate with human and environmental ecosystems. Johnson Controls said that...
Johnson Controls' strong Q2 performance punctuated with a dedication to sustainability
May 8, 2023Ken Showers, Managing Editor
CORK, Ireland – Johnson Controls builds on its solid Q1 performance and finishes the second fiscal quarter 2023 with numbers exceeding guidance.
At a glance the highlights show Johnson Controls with Q2 reported sales of +10% versus the prior year; +13% organically. A Q2 GAAP EPS of $0.19; Adjusted EPS of $0.75, up 19% versus prior year. Their Q2 orders are +8% organically year-over-year, and a record backlog of $11.7 billion, increased 9% organically year-over-year. CEO George...