News & Videos - HUBBELL INC

Shelton, CT, April 16, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its first quarter 2024 financial results prior to the opening of the market on April 30, 2024. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Rele a se section. You can also access this information by going to...

Shelton, CT, March 04, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated Recognized as One of the 2024 World's Most Ethical Companies® Shelton, CT, March 4, 2024 Hubbell Incorporated (NYSE: HUBB) has been recognized as one of the 2024 World’s Most Ethical Companies ® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This is the fourth time Hubbell has achieved this recognition. Hubbell’s Chairman, President and Chief Executive Officer, Gerben...

Shelton, CT, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) will host an investor conference on Tuesday, June 4, 2024 beginning at 8:30 AM ET and concluding at 12:00 PM ET. The purpose of the meeting is for senior management to provide an overview of the business as well as to discuss the Company's outlook with institutional investors and security analysts. The event will be held at the New York Stock Exchange in New York, New York. The live audio of the conference and...

Shelton, CT, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it has completed the sale of its Residential Lighting business to Kingswood Capital Management, LP. The business sells indoor and outdoor lighting solutions to the residential market. About Hubbell Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure safely, reliably and efficiently. With 2023 revenues of $5.4...

Shelton, CT, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Exhibit 99.1 HUBBELL REPORTS FOURTH QUARTER 2023 AND FULL YEAR RESULTS Q4 diluted EPS from continuing operations of $3.16; adjusted diluted EPS from continuing operations of $3.69 Q4 net sales from continuing operations +10% (organic +8%) FY 2023 diluted EPS from continuing operations of $14.05; adjusted diluted EPS from continuing operations of $15.33 FY 2024 diluted EPS from continuing operations expected range of $14.40-$14.90; adjusted diluted...

Shelton, CT, Jan. 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.22 per share on the Company’s common stock. The dividend will be paid March 15, 2024 to shareholders of record on February 29, 2024. Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2022 revenues of $4.9 billion, Hubbell...

Shelton, CT, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its fourth quarter 2023 financial results prior to the opening of the market on January 30, 2024. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Rele a se section. You can also access this information by going to...

Shelton, CT, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced the execution of a definitive agreement to sell its Residential Lighting business to Kingswood Capital Management, LP, for a cash purchase price of $131 million, subject to customary adjustments. The business sells indoor and outdoor lighting solutions and is expected to generate approximately $190 million in sales in 2023. “This transaction reflects our ongoing strategy to create a focused...

Shelton, CT, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) (“Hubbell”) today announced that it has completed its acquisition of Northern Star Holdings, Inc. (commercially known as Systems Control), a portfolio company of Comvest Partners. Hubbell financed the acquisition and related transactions with net proceeds from borrowings under a new unsecured term loan facility in the aggregate principal amount of $600 million, cash on hand, and issuances of commercial paper....

Shelton, CT, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Exhibit 99.1 HUBBELL REPORTS THIRD QUARTER 2023 RESULTS Q3 diluted EPS from continuing operations of $3.70; adjusted diluted EPS from continuing operations of $3.95 Q3 net sales +5% (organic +4%, acquisitions +1%) Operating margin expansion of 460 bps; adjusted operating margin expansion of 440 bps Raise FY23 diluted EPS from continuing operations to $14.00-$14.25; adjusted diluted EPS of $15.00-$15.25 SHELTON, CT. (October 31, 2023) – Hubbell...

Shelton, CT, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Hubbell to Acquire Systems Control Leading provider of substation control and relay panels, as well as turnkey substation control building solutions Enhances Hubbell’s industry-leading Utility Solutions portfolio Attractive growth profile aligned to megatrends in aging infrastructure, grid automation, renewables and electrification $1.1 billion purchase price represents ~12x projected 2024 EBITDA multiple Transaction to be financed with cash and...

Shelton, CT, Oct. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a 9% increase in its common stock dividend rate. The new annual payment of $4.88 per share, or $1.22 per quarter, compares to the former rate of $4.48 per share, or $1.12 per quarter. The dividend will be paid on December 15, 2023 to shareholders of record on November 30, 2023. Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling...

Shelton, CT, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its third quarter 2023 financial results prior to the opening of the market on October 31, 2023. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Rele a se section. You can also access this information by going to...

Shelton, CT, July 25, 2023 (GLOBE NEWSWIRE) -- HUBBELL REPORTS SECOND QUARTER 2023 RESULTS Q2 diluted EPS from continuing operations of $3.82; adjusted diluted EPS from continuing operations of $4.07 Q2 net sales +9% (organic +6%, acquisitions +3%) Operating margin expansion of 590 bps; adjusted operating margin expansion of 580 bps Raise FY23 diluted EPS from continuing operations to $13.75-$14.25; adjusted diluted EPS of $14.75-$15.25 Hubbell Incorporated (NYSE: HUBB) today reported operating...

Shelton, CT, July 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.12 per share on the Company’s common stock. The dividend will be paid on September 15, 2023 to shareholders of record on August 31, 2023. Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2022 revenues of $4.9 billion,...

Shelton, CT, July 12, 2023 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) today announced it will release its second quarter 2023 financial results prior to the opening of the market on July 25, 2023. The Company will then webcast its Analysts' Conference Call to discuss the results at 10:00 AM ET. The full text of the press release announcing the results will be posted on Hubbell's corporate website under the Press Rele a se section. You can also access this information by going to...

Shelton, CT, June 28, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE: HUBB) announces the election of Debra L. Dial as a Director of the company effective July 1, 2023. Ms. Dial brings over 25 years of experience in financial reporting and strategy with a Fortune 20 global telecommunications company. Hubbell has added three new independent directors in the last three years as part of its ongoing Board succession program. Hubbell’s Chairman, President and CEO,...

Shelton, CT, June 07, 2023 (GLOBE NEWSWIRE) -- Hubbell Announces New Segment Leadership Allan Connolly, current President of Hubbell Utility Solutions segment retiring Greg Gumbs appointed President of Hubbell Utility Solutions segment Mark Mikes appointed President of Hubbell Electrical Solutions segment Shelton, CT, June 7, 2023 - Hubbell Incorporated (NYSE: HUBB) (“Hubbell” or the “Company”) today announced that Allan Connolly, President of Hubbell Utility Solutions (“HUS”), will...

Shelton, CT, April 25, 2023 (GLOBE NEWSWIRE) -- HUBBELL REPORTS FIRST QUARTER 202 3 RESULTS Q1 diluted EPS from continuing operations of $3.37; adjusted diluted EPS from continuing operations of $3.61 Q1 net sales +11% (organic +10%) Operating margin expansion of 700 bps; adjusted operating margin expansion of 680 bps Raise FY23 diluted EPS from continuing operations to $12.00-$12.50; adjusted diluted EPS of $13.00-$13.50 SHELTON, CT. (April 25, 2023) – Hubbell Incorporated (NYSE: HUBB) today...

Shelton, CT, April 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE:HUBB) today declared a regular quarterly dividend of $1.12 per share on the Company’s common stock. The dividend will be paid on June 15, 2023 to shareholders of record on May 31, 2023. Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure reliably and efficiently. With 2022 revenues of $4.9 billion, Hubbell...