Rockwell Automation beats profit estimates on digital consulting demand
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Rockwell Automation reported better-than-expected profits for the first quarter, driven by strong demand in its lifecycle services unit, which offers digital consulting and services such as cybersecurity, remote monitoring, and asset management.
February 10, 2025 | 2:00 pm
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Rockwell Automation's first-quarter profits exceeded expectations due to strong performance in its lifecycle services unit, which includes digital consulting and services.
The company's lifecycle services unit, which focuses on digital consulting and services, drove the profit beat. This indicates strong demand and potential growth in these areas, likely leading to a positive short-term impact on ROK's stock price.
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