News & Events zu APTIV PLC (APTV)APTVAPTIV PLC

Aptiv Shares Drop 17.2% to $47.40

Aptiv is down -17.2%, or -$9.83 to $47.40.

Aptiv Shares Drop 16% to $48.05

Aptiv is down -16.0%, or -$9.18 to $48.05.

New Aptiv Reports Q2 Revenue of $3.3B

Reports Q2 revenue $3.3B, consensus $3.32B. "We delivered solid results in the second quarter, our first as New Aptiv, with a reacceleration in revenue growth and margin expansion year-over-year," said Kevin Clark, chair and chief executive officer. "In addition, we continued to demonstrate progress on many of our strategic initiatives, including double digit revenue growth in Non-Automotive revenues, advancing our presence in the Robotics market from partnerships to commercial stage, and securing a major Drone market commercial win in early July. While the macroeconomic landscape for Automotive remains dynamic and customer mix has presented as an incremental headwind, we remain committed to delivering continued revenue growth and strong operating performance this year. Moreover, our strong belief in the long-term value of our business and opportunity for growth across markets has reinforced our commitment in returning capital to shareholders, with half of our expected cash flow for the year already having been allocated towards share repurchases, a level we see continuing for the next few years."