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JCI - Beyond The Earnings: What The Latest SEC 10-Q Filing Reveals About Johnson Controls Inc (JCI) Future
Johnson Controls International plc
2024-01-30 13:02:04 ET
The company's financial performance has been declining with a decrease in gross profit as a percentage of sales. Operating expenses have increased due to restructuring activities and costs related to cybersecurity incidents. Net income for the three-month period ended December 31, 2023, was $404 million, but there is no information on improvement or decline. Management has implemented a restructuring plan to reduce expenses, but the success of these initiatives is unclear. They also highlight ma ... Full story available on KlickAnalytics.com