March 29, 2024

Raises

Raytheon Technologies Reports Strong Second Quarter 2021 Results; Raises 2021 Outlook

WALTHAM, Mass., July 27, 2021 /PRNewswire/ — Raytheon Technologies Corporation (NYSE: RTX) reported second quarter 2021 results.

Second quarter 2021

  • Sales of $15.9 billion
  • GAAP EPS from continuing operations of $0.69, which included $0.34 of acquisition accounting adjustments and net significant and/or non-recurring charges
  • Adjusted EPS of $1.03
  • Operating cash flow from continuing operations of $1.3 billion; Free cash flow of $966 million
  • Company backlog of $151.8 billion; including defense backlog of $66.1 billion and book-to-bill of 1.12
  • Achieved approximately $185 million of incremental RTX synergies
  • Repurchased $632 million of RTX shares

Raytheon Technologies updates its

Shogun Raises $67.5 Million in Sequence C Funding

PALO ALTO, Calif., June 30, 2021 /PRNewswire/ — Shogun, a top e-commerce working experience system, now announced that it has raised a $67.5 million Series C spherical of funding led by new trader Perception Associates, with participation from current traders Initialized Funds, Accel and VMG Companions. This provides the company’s complete funding to $114.5 million.

Shogun empowers brands to build unique e-commerce encounters by building it simple to establish and improve on the internet storefronts with two solutions: Website page Builder, a drag-and-drop webpage builder for Shopify merchants, and Shogun Frontend, an stop-to-close headless commerce