Rockwell Automation revenue falls 4.5 pct
Rockwell Automation Inc, which makes automation systems that help factories run smoothly, reported a 4.5 percent fall in quarterly revenue, hurt by a strong dollar.
The company’s net income rose to $206.1 million, or $1.52 per share, in the third quarter ended June 30, from $199.7 million, or $1.43 per share, a year earlier.
On an adjusted basis, Rockwell earned $1.59 per share.
Revenue fell to $1.58 billion from $1.65 billion. (Reporting by Ankit Ajmera in Bangalore; Editing by Maju Samuel)