Otis News

Check out our latest news releases

female students group who won
View looking up at trees, buildings and sky
Neil Green in front of Bloomberg IBM blue sign
  • May 23, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Chief Digital Officer Talks Automation at Bloomberg Event

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People at Otis Korea holding an InnoStar Certification for Gen3 elevator
Collage of Otis colleagues with DiversityInc logo
  • May 3, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis is Again a DiversityInc Noteworthy Company

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Q1 2023 Earnings in tan on navy background
  • April 26, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Reports First Quarter 2023 Results

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Otis announces quarterly dividend, text on blue background
Collage of students in Otis programs
Solar panels over a car lot
Q1 Earnings 2023 April 26 | 8:30 a.m. ET
  • April 12, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis First Quarter 2023 Earnings Advisory

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Collage of Otis mentors
Judy Marks meets with Song Jian
Little girl on top of Father's shoulders looking at a skyline
  • April 6, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Publishes 2022 ESG Report

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Escalators in The Société de transport de Montréal
Otis employees helping at a food bank
  • April 5, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Making Every Hour Count

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  • April 3, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Safety Program Keeps Colleagues Connected in the Field

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Hefei Metro, Shanghai, China
Images of Otis employees and building
  • March 29, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Among America’s Most Trustworthy Companies: Newsweek

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Person accepting award in South Korea
  • March 23, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Our First Passenger Elevator: This Day in Otis History

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Otis logo in sand on navy background
  • February 27, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Appoints Sally Loh President, Otis China

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People in front of 2 new Electronic Vehicles
Otis declares quarterly dividend in sandstone on navy background
  • February 2, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Declares Quarterly Dividend of $0.29 per Share

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Woman worker at Otis
  • February 2, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Among ‘World’s Most Admired Companies’ Again

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Otis earnings Q4 2022 sand on blue background
  • February 1, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Reports Full Year and Fourth Quarter 2022 Results

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Shenzhen
Otis logo on navy background says earnings advisory February 1, 2023 8:30am EST
  • January 11, 2023
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Fourth Quarter 2022 Earnings Advisory

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Two women from Nippon Otis holding award
Florence South Carolina Otis Elevator Factory
  • December 21, 2022
  • FLORENCE, SOUTH CAROLINA, UNITED STATES

Otis Florence Factory Receives Zero Waste to Landfill Certification

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Tianjin Metro Line
Logo for Otis most responsible company
  • December 7, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Worldwide Named One of America’s Most Responsible Companies

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Escalator at Athens Metro
Otis Spain Race
  • December 5, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Volunteering to create more vibrant communities

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Our CEO is IN. The word IN is part of the Disability:IN logo. Navy blue background with envelope icon pattern
Chongqing Metro
Otis buildings that won Project of the Year in 2023
  • November 30, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Wins Two Project of the Year Awards

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Images of women who work at Otis
  • November 14, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Among Forbes’ World’s Top Female-Friendly Companies

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Members of the Otis facility in Florence, SC
  • November 1, 2022
  • FLORENCE, SOUTH CAROLINA, UNITED STATES

The Otis Florence Experience: A Decade in the Making

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Otis declared quarterly dividend - on navy background
  • October 27, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Declares Quarterly Dividend of $0.29 per Share

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Otis and Cambodia Academy STEM winners
Q3 2022 Earnings Results on blue background
  • October 26, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Reports Third Quarter 2022 Results

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Nelda Connors appointed to Otis board
  • October 24, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Nelda Connors Appointed to Otis Worldwide Board of Directors

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Escalators on Panama Metro
  • October 21, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Makes Forbes’ World’s Best Employers List

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Lehigh University members with Judy Marks
Yalong River Hydroplant in China
  • October 6, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Third Quarter 2022 Earnings Advisory 

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Faces of people who work at Otis
Students in Made to move communities program at Otis
  • September 20, 2022
  • FARMINGTON, CONNECTICUT

Students Tackle Climate Change Using STEM Skills

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Otis logo on navy background
  • September 1, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis CEO to Speak at Morgan Stanley Conference

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Inside of an Otis elevator
People who won the Palmetto Shining Star Award from the South Carolina
Vivo global R_D Center Hangzhou
Credit Singapore Mass Rapid Transit (SMRT) Trains Refurbished escalator at SOM
Otis Employees - More than 500 sandwiches were packed for homeless families and veterans through the non-profit Caring for Friends in Philadelphia.
  • August 1, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Interns Give Back Across the U.S.

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Q2 2022 Quarterly Dividend
  • July 28, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Declares Quarterly Dividend of $0.29 per Share

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Otis logo on navy background
  • July 27, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Sells Its Russia Business

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Q2 2022 Earnings Results on blue background
  • July 27, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Reports Second Quarter 2022 Results

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Cairo rail project escalator
Tainjin University Students
Otis Q2 Earnings 2022 July 27 8:30am
  • July 12, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Second Quarter 2022 Earnings Advisory

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Hand holding Otis Customer App
Anurag Maheshwari headshot
San Sebastian Factory Opening
Elizabeth Line - Woolwich
Guangzhou: Canton Fair Complex image
Judy Marks Lehigh University
  • May 24, 2022
  • BETHLEHEM, PENNSYLVANIA, UNITED STATES

Otis CEO Delivers Commencement Addresses at Lehigh University

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New Bund Center China
OTIS logo in sand on navy background
  • May 9, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Zardoya Otis Delisted from Spanish Stock Exchanges

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DiversityInc Noteworthy companies
  • May 4, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Named Among Noteworthy Companies by DiversityInc

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Otis Korea receives the INNOSTAR 2022 Certification
Otis reports Q1 2022 results
  • April 25, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Reports First Quarter 2022 Results

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Otis dividends past 3 quarters chart
Otis Volunteers
  • April 18, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Helping Communities Connect and Thrive Through Volunteerism

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Copyright Klinikum der Stadt Ludwigshafen
Otis Made To Move Communities image
  • April 14, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Announces Winners of Made to Move Communities Challenge

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Shenzhen Metro Line Image
Otis Q1 Earnings advisory image
  • April 11, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis First Quarter 2022 Earnings Advisory

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Otis Elevator logo
  • April 8, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Receives Results of Zardoya Tender Offer

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PRESS_OTIS-ELEVATOR-GEN360-Lyon-173_COPYRIGHT Otis  Arnaud Février.jpg
Japan Kansai airport exterior
Otis mentors collage
Otis ONE image
  • April 1, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Wins CIO100 Award with Otis ONE IoT platform

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Caldecott underground MRT interchange station on Thomson–East Coast line, Singapore
ESG at Otis image - two people in Otis hardhats
  • March 31, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Releases Inaugural Environmental, Social and Governance Report

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Judy Marks
  • March 23, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Chair & CEO to Speak at Lehigh University Commencement

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Paris Aquatics Center
Otis elevator generic logo on navy background.
Mechanic at 222 Exhibition Street Melboune
gold otis logo on blue background.
Otis eCall app
Otis presents value creation 2022 Investor Day
  • February 15, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Presents Value Creation Strategy at 2022 Investor Day

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Otis announces quarterly dividend on February 3, text on blue background
  • February 3, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Declares Quarterly Dividend of $0.24 per Share

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Two Otis elevator mechanics working
  • February 2, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Fortune Names Otis to “Most Admired Companies” List

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Otis announces Q4 and full year 2021 earnings results
  • January 31, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Full Year and Fourth Quarter 2021 Results

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Corporate Equality Award_Otis.com - Banner
  • January 27, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Again Named Among “Best Places to Work for LGBTQ Equality”

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Perry Zheng receives the Economic Observer Outstanding Multinational Leader of 2021 award
Taiwan Taoyuan International Airport
STEM students at Sichuan University in west China receive the Otis scholarship
Traditional roofline with train station in background
Otis logo blue background Q4 Earnings on Jan 31 2022
  • January 14, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Fourth Quarter 2021 Earnings Advisory

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Investor Day Advisory
  • January 12, 2022
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis 2022 Investor Day to be Hosted Virtually

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View from top of wind turbine
Otis logo
Gen360 elevator
otis_skyline_celebrate
Woodrow-collage
Investor day Otis 2022
  • November 19, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis to Host 2022 Investor Day

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Otis news logo
  • November 10, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Obtains European Union Binding Corporate Rules Certification

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Otis Logo
  • November 4, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

OTIS ANNOUNCES PRICING OF EURO-DENOMINATED NOTES

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Judy CED acceptance speech
Otis logo quarterly dividend
  • October 28, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Declares Quarterly Dividend of $0.24 per Share

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Florence ESG
  • October 28, 2021
  • FLORENCE, SOUTH CAROLINA

Otis Achieves ESG Goal

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Otis Q3 2021 results
  • October 25, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Reports Third Quarter 2021 Results

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CED video link
Sapporo Factory
Banner_Rota Escola
Yuelanshang Property Developer Company
Otis_Q3_2021_earning_advisory
  • October 8, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Third Quarter 2021 Earnings Advisory

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Max Bogl modular construction
Otis_Zardoya_Announcement
Florence Zero Waste to Landfill sort
  • September 20, 2021
  • FLORENCE, SOUTH CAROLINA

Otis’ First Zero Waste to Landfill Pilot Begins

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Judy Marks to speak at Morgan Stanley
  • August 30, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis CEO to speak at Morgan Stanley Virtual Conference

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Korea Facility ISO 14001
Otis India To Offer Online Order-Booking for Gen2® Prime Elevators
ZMP Robot at Nippon Otis
Otis Declares Quarterly Dividend of $0.24 per Share
Otis Reports Second Quarter 2021 Results
  • July 26, 2021
  • FARMINGTON, CONNECTICUT, USA

Otis Reports Second Quarter 2021 Results

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CED Announces Recipients of Its 2021 Distinguished Leadership Awards
Otis President & CEO
Otis Fabrica
Otis employees and representatives from Milner Middle School in Hartford, Conn.
  • July 8, 2021
  • BLOOMFIELD, CONNECTICUT, USA

Otis Site Recognized for Corporate Citizenship

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Otis China wins high rise tower project in Shanghai
Otis Second Quarter 2021 Earnings Advisory
  • July 9, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Second Quarter 2021 Earnings Advisory

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Otis introduces Smart Gen3™ elevator as China’s construction sector embraces green development
Museu da Lingua Portguesa
  • June 17, 2021
  • FLORENCE, SOUTH CAROLINA, UNITED STATES

A Father's Day Tribute

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Otis
Otis ESG goals header
  • May 26, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Announces Global ESG Goals

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Abbe Luersman
Otis
Otis Ambiance Fixtures Receive International Design Award
Otis Electric, a subsidiary of Otis in China, was selected in March to supply 284 elevators and escalators for the new Line 3 of the Hangzhou Metro, bringing the number of units Otis has provided the city’s metro system to more than 1,100 across five lines since 2008.
Otis First Quarter 2021 Results
  • April 26, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis First Quarter 2021 Results

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Otis Gen2® Life Earns Korea’s INNOSTAR Certification for Seventh Consecutive Year
Otis Selected to Provide 92 Escalators for Munich Metro Modernization
Otis Announces a 20 Percent Increase in Quarterly Dividend
Otis Announces Winners of the First  Made to Move Communities™ Global Student Challenge
Otis First Quarter 2021 Earnings Advisory
  • April 9, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis First Quarter 2021 Earnings Advisory

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Otis Hong Kong Receives Three Employer of Choice Awards
Otis Offers STEM Scholarships  Through China Women’s Development Foundation
Toronto's Finch West Station, low concourse
The historic Shopping Light property in São Paulo
Otis Declares Quarterly Dividend of $0.20 per Share
  • February 4, 2021
  • FARMINGTON, CONNECTICUT, USA

Otis Declares Quarterly Dividend of $0.20 per Share

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Otis Logo and fourth quarter earnings
  • February 1, 2021
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Full Year and Fourth Quarter 2020 Results

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Otis Earns “Best Places to Work for LGBTQ Equality” Recognition
Otis Logo
Company marks 20th anniversary since product launch
Rendering of a five-belt Gen2 machine with the belt guard removed to show the sheave
Elevator hall at Alto Tower
Bernardo Calleja Otis Leader
Brazil Rota Escola participants
ciie-06-overview
Otis_third_quarter_results_image
  • October 26, 2020
  • FARMINGTON, UNITED STATES

Otis Third Quarter 2020 Results

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Collins_house_australia_Otis_image
  • October 9, 2020
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Third Quarter 2020 Earnings Advisory

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Otis_theOne_Canada_building_image
STEM_Otis_CSR_hands
  • September 29, 2020
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Launches ‘Made to Move Communities’ Global CSR Program

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 Covid-19-block-1a
Coommits-to-achieving-gender-parity-by-2030
Stage-3-Results_news_room
  • July 28, 2020
  • FARMINGTON, UNITED STATES

Otis Second Quarter 2020 Results

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china release image one
Otis_Caring_Company_Award_newsroom
bay-state-elevator
Barclay_.com_news_room
  • August 19, 2020
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis CEO and CFO to speak on Barclays conference call

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Stanley_.com_news_room-new
  • September 1, 2020
  • FARMINGTON , CONNECTICUT, UNITED STATES

Otis CEO to speak at Morgan Stanley Virtual Conference

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Tianjin
Airflow_otis.com_news_room-japan
  • August 27, 2020
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Commissions Study on Elevator Airflow Amid COVID-19 Pandemic

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OtisInvestorImage
Commitment-to-change-news-room
  • January 21, 2020
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Investor and Analyst Meeting Advisory

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Hangzhou-airport - global
OtisInvestorImage3
  • February 11, 2020
  • FARMINGTON, Connecticut, United States

Otis Presents Growth and Value Creation Strategy at Investor Day

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Gen2Nova
namma-metro-Purple-line2
OtisInvestorImage3
OtisInvestorImage3
  • May 6, 2020
  • FARMINGTON, CT, UNITED STATES

Otis Reports First Quarter 2020 Results

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elevatorworld-image
OtisInvestorImage3
OtisInvestorImage3
  • March 11, 2020
  • FARMINGTON, CONNECTICUT, UNITED STATES

UTC Board of Directors approves separation of Otis

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OtisInvestorImage3
OtisInvestorImage3
JIm_Cramer
Press-Release-investor
  • April 3, 2020
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Common Stock Begins Trading on New York Stock Exchange

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OtisInvestorImage3
  • April 17, 2020
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis First Quarter 2020 Earnings Advisory

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Otis_Gen2_Life_Wins_INNOSTAR.jpg
  • July 13, 2020
  • FARMINGTON, CONNECTICUT, UNITED STATES

Otis Second Quarter 2020 Earnings Advisory

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