KAR Global Announces Participation in Upcoming Investor Conference

CARMEL, Ind., Aug. 3, 2022 /PRNewswire/ — KAR Auction Services, Inc., d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced its participation in the following investor conference: J.P. Morgan 2022 Auto Conference KAR’s Chief Financial Officer Eric Loughmiller and Treasurer and Vice President Investor Relations Mike Eliason will… Continue reading KAR Global Announces Participation in Upcoming Investor Conference

AMERCO REPORTS FIRST QUARTER FISCAL 2023 FINANCIAL RESULTS

RENO, Nev., August 3, 2022 /PRNewswire/ — AMERCO (Nasdaq: U HAUL), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to common shareholders for its first quarter ended June 30, 2022, of $334.0 million, or $17.03 per share, compared with net earnings… Continue reading AMERCO REPORTS FIRST QUARTER FISCAL 2023 FINANCIAL RESULTS

Modine Reports First Quarter Fiscal 2023 Results

Strategic transformation well underway, unlocking value through 80/20 initiatives and driving growth and margin expansion RACINE, Wis., Aug. 3, 2022 /PRNewswire/ — Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended June 30, 2022. First Quarter Highlights: Net sales of $541.0… Continue reading Modine Reports First Quarter Fiscal 2023 Results

MILLER INDUSTRIES REPORTS 2022 SECOND QUARTER RESULTS

CHATTANOOGA, Tenn., Aug. 3, 2022 /PRNewswire/ — Miller Industries, Inc. (NYSE: MLR) (the “Company”) today announced financial results for the second quarter ended June 30, 2022. For the second quarter of 2022, net sales were $201.5 million, an increase of 11.2%, compared to $181.2 million for the second quarter of 2021. Net income in the… Continue reading MILLER INDUSTRIES REPORTS 2022 SECOND QUARTER RESULTS

Meritor, Inc. Provides Notice of Fundamental Change to Holders of its Convertible Notes in Connection with the Completed Merger

TROY, Mich., Aug. 3, 2022 /PRNewswire/ — Meritor, Inc. (the “Company”) today provided notice that, pursuant to the terms of the indenture, dated September 22, 2017 (the “Indenture”) governing its 3.25% Convertible Senior Notes due 2037 (the “Notes”), in connection with the closing of the transaction contemplated by the Agreement and Plan of Merger, dated… Continue reading Meritor, Inc. Provides Notice of Fundamental Change to Holders of its Convertible Notes in Connection with the Completed Merger

Universal Technical Institute Reports Fiscal Year 2022 Third Quarter Results

PHOENIX, Aug. 3, 2022 /PRNewswire/ — Universal Technical Institute, Inc. (NYSE: UTI), a leading provider of transportation and technical training programs, reported financial results for the fiscal 2022 third quarter ended June 30, 2022. New student starts increased 25.0% from the prior year quarter and average undergraduate full-time active students increased 11.4%. Revenue increased 20.5% to $101.0… Continue reading Universal Technical Institute Reports Fiscal Year 2022 Third Quarter Results

Verra Mobility Announces Second Quarter Financial Results

Total revenue of $187.5 million Net income of $29.6 million Generated cash flows from operations of $65.1 million Held inaugural investor day at which management highlighted its growth strategy, long-term outlook and increased financial guidance for 2022 MESA, Ariz., Aug. 3, 2022 /PRNewswire/ — Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology… Continue reading Verra Mobility Announces Second Quarter Financial Results

Lucid Appoints Steven David as Senior Vice President of Operations

Newly created position will lead operations, including supply chain, logistics, manufacturing, and quality NEWARK, Calif., Aug. 3, 2022 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced the appointment of Steven David as Senior Vice President of Operations, reporting… Continue reading Lucid Appoints Steven David as Senior Vice President of Operations

ALAMO GROUP ANNOUNCES RECORD 2022 SECOND QUARTER SALES AND EARNINGS

SEGUIN, Texas, Aug. 3, 2022 /PRNewswire/ — Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2022. Highlights for the Quarter Net sales of $396.2 million, up 14.0% Vegetation Management net sales of $255.0 million, up 18.8% Industrial Equipment net sales of $141.2 million, up 6.3% Income from operations… Continue reading ALAMO GROUP ANNOUNCES RECORD 2022 SECOND QUARTER SALES AND EARNINGS

DIAMONDROCK HOSPITALITY COMPANY REPORTS SECOND QUARTER RESULTS

Hotel Adjusted EBITDA Reconciliation – Year to Date 2022 Days of Operation Total Revenues Net Income / (Loss) Plus: Depreciation Plus: Interest Expense Plus: Adjustments (1) Equals: Hotel Adjusted EBITDA Atlanta Marriott Alpharetta 181 $                 6,254 $                   1,167 $                      743 $                         — $                             — $                   1,910 Bourbon Orleans Hotel 181 $                 7,264 $                   1,210 $                  … Continue reading DIAMONDROCK HOSPITALITY COMPANY REPORTS SECOND QUARTER RESULTS