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OTIS REPORTS SECOND QUARTER 2023 RESULTS

PR Newswire - Wed Jul 26, 2023

Delivers high-single digit organic sales growth in both segments and mid-single digit adjusted EPS growth

FARMINGTON, Conn., July 26, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported second quarter 2023 net sales of $3.7 billion with 9.5% organic growth. GAAP diluted earnings per share (EPS) of $0.90 was up 18.4% versus the prior year and adjusted EPS increased 7.0% to $0.92.

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