Scott C. Donnelly - Page 3 of 4 - Providence Business News

Textron posts $92M Q2 loss on COVID-19 disruptions

Economic Activity 07/30/2020

PROVIDENCE – Textron Inc. reported a $92 million loss in the second quarter, or 40 cents per diluted share, the company on Thursday attributed...

TEXTRON REPORTED a profit of $815 million profit in 2019. / COURTESY TEXTRON

Textron reports $815M profit in 2019

Economic Activity 01/29/2020

PROVIDENCE – Textron Inc. earned an $815 million profit in 2019, a 33.3% decline year over year, the company said on Wednesday. Earnings per share...

TEXTRON EARNED $220 million in the third quarter while revenues were $3.3 billion. / COURTESY TEXTRON

Textron revenue ticks up in Q3

Manufacturing 10/17/2019

PROVIDENCE - Textron Inc. reported a profit of $220 million in the third quarter, a 60.9% decline year over year, according to a company...

TEXTRON is considering "strategic alternatives" for its Kautex business unit that could involve a sale, spinning the segment out or another type of transaction.

Textron looking at transaction possibilities for Kautex segment

Manufacturing 08/05/2019

PROVIDENCE – Textron Inc. is considering “strategic alternatives” for its Kautex business unit, the company announced Monday. Potential plans for the Bonn, Germany-headquartered business segment...

TEXTRON, maker of airplanes and helicopters, among other products, reported net income of $217 million in the second quarter of 2019, a 3.1% yearr-over-year decline. / COURTESY TEXTRON

Textron reports $217M in Q2

Manufacturing 07/17/2019

PROVIDENCE – Textron Inc. reported a profit of $217 million in the second quarter of 2019, or 93 cents per diluted share, a 3.1%...

TEXTRON INC. reported a profit of $179 million in the first quarter of 2019. / COURTESY TEXTRON INC.

Textron posts $179M profit in Q1

Manufacturing 04/17/2019

PROVIDENCE – Textron Inc. reported net income of $179 million, or 76 cents per diluted share, for the first quarter of 2019, a decline...

TEXTRON PRESIDENT AND CEO Scott C. Donnelly earned $13.9 million in 2018, a decline from $14.8 million in 2017. / COURTESY TEXTRON INC.

Textron’s Donnelly earns $13.9M in 2018

Manufacturing 04/03/2019

PROVIDENCE – Textron Inc. Chairman, President and CEO Scott C. Donnelly earned $13.9 million in 2018, a decline from $14.8 million one year prior,...

TEXTRON REPORTED $1.2 billion in profit in 2018, in part due to a $419 million post-tax gain from selling its Tools & Test Equipment product line. / COURTESY TEXTRON

Textron reports $1.2B profit in 2018

Manufacturing 01/24/2019

PROVIDENCE – Textron Inc. reported net income of $1.2 billion for 2018, nearly quadrupling its 2017 earnings of $307 million, according to a company...