November 7, 2016 / 12:13 PM / a year ago

Rockwell Automation revenue falls 4.3 pct

Nov 7 (Reuters) - Factory automation systems maker Rockwell Automation Inc reported a 4.3 percent fall in quarterly revenue on Monday as weak oil prices curtailed spending by energy industry customers and a strong dollar reduced the value of international sales.

The company’s revenue fell to $1.54 billion in the third quarter ended Sept. 30 from $1.61 billion a year earlier.

Net income fell to $185.2 million, or $1.43 per share, from $201.3 million, or $1.50 per share, a year earlier.

On an adjusted basis, Rockwell earned $1.52 per share. (Reporting by Ankit Ajmera in Bengaluru; Editing by Martina D‘Couto)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below