Reported about 12 hours ago
Rockwell Automation has reported a quarterly profit that exceeded expectations, driven by strong demand in its lifecycle services unit, which focuses on digital consulting including cybersecurity and remote monitoring. The company's shares rose over 9% following the announcement, with a reported profit per share of $1.83 compared to analyst predictions of $1.59. Despite a drop in overall revenue, the results point to a positive outlook for future sales and margins.
Source: YAHOO