OTIS REPORTS THIRD QUARTER 2022 RESULTS

Delivers solid third quarter results driven by mid-single digit organic Service growth 3Q Net sales down 7.6% and organic sales up 0.8%. GAAP EPS ~flat and adjusted EPS up 5.3% 3Q New Equipment orders down 0.8%, up 7.4% excluding China; NE backlog ~flat, adjusted backlog up 12% at…

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