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Vontier's Driivz Announces its EV Charging Software will Power EV Charging for ON the RUN Charging
GlobeNewswire News Room· 2025-01-15 14:00
RALEIGH, N.C., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Driivz, a Vontier (NYSE: VNT) company and part of its EVolve™ e-mobility portfolio, today announced a partnership with ON the RUN Charging to install its electrical vehicle (EV) charging and energy management software across chargers located at convenience stores in Canada. ON the RUN Charging is one of the largest EV fast charging networks in Canada with EV chargers strategically placed along highways and in major destinations across British Columbia, Albert ...
Vontier: Mobility Technology Payment Company Is Not Moving Itself
Seeking Alpha· 2025-01-13 21:27
If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!Nearly a year ago, I concluded that mobility player Vontier Corporation ( VNT ) was on the move. Shares had doubled in the 15-month period before, as modest growth resulted in a modest re-rating, ...
Vontier's Driivz extends its offering to provide Call Center and Network Operation Center (NOC) Services
Newsfilter· 2025-01-07 14:00
Core Insights - Driivz, a Vontier company, has launched a new end-to-end service solution for Level 1 and Level 2 support services aimed at EV charge point operators, addressing the industry's need for improved performance and customer care globally [1][3] Industry Context - The EV charging industry is facing challenges, with a recent Harvard Business School study indicating that U.S. charging stations have an average reliability score of only 78%, meaning 20% of stations are non-functional [3] - New regulations in the U.K. require public charge point operators to provide a 24/7 customer help line, reflecting the growing demand for enhanced customer experiences in the EV charging sector [3] Service Offering Details - The new service includes a 24/7 international call center capable of supporting over 30 languages, staffed by more than 150 trained agents who can troubleshoot various issues related to EV charging [2][4] - Driivz's Level 2 charging support is facilitated through Konect's Network Operations Center, which offers proactive monitoring and remote issue resolution for charging sites [4] Company Commitment - The CEO of EVolve emphasized the company's dedication to the success of charge point operators, highlighting the importance of driver satisfaction and operational transparency in the new service offering [5] Company Overview - Driivz is recognized as a leading global software supplier for EV charging operators, managing over a hundred thousand public chargers and millions of events for EV drivers across 32 countries [6][7]
Driivz Concludes 2024 with Significant Growth for its EV Charging & Energy Management Platform
GlobeNewswire News Room· 2024-12-19 13:00
RALEIGH, N.C., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Driivz, a Vontier (NYSE: VNT) company and part of its EVolve™ e-mobility portfolio, today shares an update on its most recent customers who have gone live in utilizing its EV charging software. As a leading global software supplier to EV charging operators and service providers, Driivz works with some of the world’s most trusted and relied-on EV charging networks. With the EV market set to continue at a steady annual growth rate of 6.63% through 2029, accordi ...
Vontier(VNT) - 2024 Q3 - Earnings Call Transcript
2024-10-31 18:18
Vontier Corporation (NYSE:VNT) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Ryan Edelman - Vice President-Investor Relations Mark Morelli - President & Chief Executive Officer Anshooman Aga - Senior Vice President & Chief Financial Officer Conference Call Participants Nigel Coe - Wolfe Julian Mitchell - Barclays David Lane - Bank of America Operator Good morning, ladies and gentlemen, and welcome to the Vontier Third Quarter 2024 Earnings Call. At this time, all lines ar ...
Vontier(VNT) - 2024 Q3 - Earnings Call Presentation
2024-10-31 16:19
Q3 2024 | Earnings Results October 31, 2024 Safe Harbor and Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. These statements include, but are not limited to statements regarding Vontier Corporation's (the "Company's") business and acquisition opportunities, anticipated sales growth, anticipated operating margin expansion, anticipated adjusted net earnings per share, anticipated adjusted cash flow conversion, and anticipated ...
Vontier(VNT) - 2024 Q3 - Quarterly Results
2024-10-31 10:48
Exhibit 99.1 Vontier Reports Strong Third Quarter 2024 Results and Narrows Full Year Guidance • Sales of $750 million, down 2% vs. prior year; Core sales increased 3% • GAAP diluted net EPS of $0.60; Adjusted diluted net EPS of $0.73 • Operating cash flow was $122 million; Adjusted free cash flow was $109 million, representing 98% Adjusted free cash flow conversion • Initiates Q4 2024 guidance for adjusted diluted net EPS of ~$0.79 • Narrows full year 2024 adjusted diluted net EPS to midpoint of ~$2.90 RALE ...
Driivz Named a Leader in IDC MarketScape Report
GlobeNewswire News Room· 2024-10-23 12:29
RALEIGH, N.C., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Driivz, an EVolve™ e-mobility portfolio company of Vontier (NYSE: VNT) and leading global software supplier to EV charging operators and service providers, today announced it has been named a Leader in the IDC MarketScape: Worldwide Electric Vehicle Charging Management Solutions 2024 Vendor Assessment (doc # US49435523 October 2024). The IDC MarketScape report evaluated 13 worldwide vendors of EV charging management solutions, highlighting the critical role o ...
Vontier(VNT) - 2024 Q2 - Earnings Call Transcript
2024-08-01 23:09
Vontier Corporation (NYSE:VNT) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Ryan Edelman - Vice President, Investor Relations Mark Morelli - President and Chief Executive Officer Anshooman Aga - Senior Vice President and Chief Financial Officer Conference Call Participants Julian Mitchell - Barclays Joe Ritchie - Goldman Sachs Nigel Coe - Wolfe Research David Ridley-Lane - Bank of America David Raso - Evercore ISI Robert Mason - Baird Operator Good morning, ladies and gent ...
Vontier(VNT) - 2024 Q2 - Earnings Call Presentation
2024-08-01 14:54
Q2 2024 | Earnings Results August 1, 2024 Safe Harbor and Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. These statements include, but are not limited to, statements regarding Vontier Corporation's (the "Company's") business and acquisition opportunities, anticipated sales growth, anticipated operating margin expansion, anticipated cash flow, and anticipated earnings growth, and any other statements identified by their use ...