Otis Worldwide Corporation (NYSE:OTIS), a global leader in the elevator and escalator industry with annual revenue of $14.26 billion, finds itself at a crossroads as it navigates a complex market ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Guidance was also light, with revenues of $14.5 billion ...

Executives at Otis Elevator, which is due to be spun off from United Technologies Corp. in April, didn’t look far to pick a stock ticker to identify the new company on Wall Street: OTIS. For its new ...

Farmington elevator manufacturing and maintenance company Otis Worldwide Corp. says it's acquired a Massachusetts-based elevator company in an effort to expand its Northeast footprint. Otis on Monday ...

In September 2025, Otis Worldwide announced the launch of its Arise™ MOD Prime and MOD Plus elevator modernization solutions in key European markets, aiming to address the challenges of aging elevator ...

The board of directors of United Technologies Corp. has approved a plan announced last June spinning off Otis elevator and Carrier heating and cooling into independent, publicly traded companies. The ...

Otis' service business continues to grow steady revenue. New equipment sales have slowed. The company's exposure to the Chinese real estate market could present challenges. Otis reported mixed ...

Otis Worldwide Corporation OTIS launched the new Gen3 Core elevator under the Gen3 umbrella. The digitally native elevator is designed explicitly to fit in with North America's growing demand for ...