Otis Worldwide (OTIS) - 2024 Q2 - Quarterly Results

Exhibit 99 OTIS REPORTS SECOND QUARTER 2024 RESULTS Otis delivers continued strong Service performance leading to mid-teens EPS growth FARMINGTON, Conn., July 24, 2024 – Otis Worldwide Corporation (NYSE:OTIS) reported second quarter 2024 net sales of $3.6 billion with organic sales down 1.2%. GAAP earnings per share (EPS) increased 13.3% to$ 1.02 and adjusted EPS increased 15.2% to $1.06. "Otis delivered solid quarterly performance led by the strength in our Service segment, which delivered portfolio growth ...