Rockwell Automation sales climbed 32.6 percent
Rockwell Automation reported third-quarter sales of $1.8 billion were up 32.6 percent from $1.4 billion in the same period last year.
Organic sales up 26.4 percent.
Net income of $271.3 million, or $2.32 per share, compared to $317.8 million, or $2.73, in the third quarter of fiscal 2020. The decline was primarily due to lower fair-value gains in fiscal 2021 versus fiscal 2020 in connection with the company's investment in PTC.
Intelligent Devices third quarter fiscal 2021 sales were $882.9 million, an increase of 33.8 percent compared to $659.9 million in the same period last year
Software & Control third quarter fiscal 2021 sales were $509.6 million, an increase of 39.7 percent compared to $364.7 million in the same period last year.
Lifecycle Services third quarter fiscal 2021 sales were $455.7 million, a increase of 23.4 percent compared to $369.4 million in the same period last year.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Industrial Supply Co. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
