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Otis Worldwide Corporation (branded as the Otis Elevator Company, its former legal name) is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. Based in Farmington, Connecticut, U.S., Otis is the world's largest manufacturer of vertical transportation systems, principally ...
Otis delivered net sales of $3.6 billion with organic sales down 1%. Adjusted operating profit -- excluding a $15 million foreign exchange headwind was up $38 million, driven by the service segment.
Elisha Otis. Elisha Graves Otis (August 3, 1811 – April 8, 1861) was an American industrialist and founder of the Otis Elevator Company. [1] In 1853, he invented a safety device that prevents elevators from falling if the hoisting cable fails. [2][3] On March 23, 1857, he installed the first safety elevator for passenger service in the store ...
Otis Elevator Company, is the world's largest manufacturer of vertical transportation systems today, principally elevators and escalators. Founded in Yonkers, New York, USA in 1853 by Elisha Otis , the company pioneered the development of the safety elevator, invented by Otis, which used a special mechanism to lock the elevator car in place ...
Judy Marks, President and CEO at Otis Worldwide Corp., joins Yahoo Finance Live to discuss the company's quarterly earnings and break down the future of elevators and escalators.
Otis Worldwide (OTIS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
UTC Climate, Controls & Security. UTC Climate, Controls & Security was a global provider of building technologies offering fire safety, security, building automation, heating, ventilating, air-conditioning, and refrigeration systems and services. A wholly owned subsidiary of United Technologies Corporation, UTC Climate, Controls & Security was ...
Otis Worldwide (OTIS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.