AAM Delivers Solid Financial Results and Cash Flow Generation DETROIT, Aug. 5, 2022 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2022. Second Quarter 2022 Results Sales of $1.44 billion Net income of $22.9 million, or 1.6% of sales Adjusted EBITDA of $195.1… Continue reading AAM Reports Second Quarter 2022 Financial Results
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BRP ACQUIRES MAJORITY STAKE IN GERMAN-BASED PINION TO SPUR THE DEVELOPMENT OF NEW URBAN MOBILITY SOLUTIONS
VALCOURT, QC, Aug. 5, 2022 /PRNewswire/ – BRP Inc. (TSX: DOO) (NASDAQ: DOOO) is pleased to announce the acquisition of an 80% stake in Pinion GmbH, a pioneer in gearbox technology based in Denkendorf, Germany. Driven by a passion to shape sustainable mobility, Pinion’s team of over 60 full-time employees designs, develops, assembles, and sells… Continue reading BRP ACQUIRES MAJORITY STAKE IN GERMAN-BASED PINION TO SPUR THE DEVELOPMENT OF NEW URBAN MOBILITY SOLUTIONS
Construction Partners, Inc. Announces Fiscal 2022 Third Quarter Results
Revenue Up 45%, Net Income Up 30%, Adjusted EBITDA Up 30%, Compared to FYQ3 Last Year Company Reports Record Backlog of $1.33 Billion DOTHAN, Ala., Aug. 5, 2022 /PRNewswire/ — Construction Partners, Inc. (NASDAQ: ROAD) (“CPI” or the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five… Continue reading Construction Partners, Inc. Announces Fiscal 2022 Third Quarter Results
Global Military Armoured Vehicles Markets/Technology Report 2022-2030: Focus on Situational Awareness, Tactics, Signature Management, Countermeasures, Active Protection, Armour & Mitigate
DUBLIN, Aug. 5, 2022 /PRNewswire/ –The “Military Armoured Vehicles – Market and Technology Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. The military armoured vehicles market is estimated to be valued up to US$21 billion in the 2022-2030 period, growing with a CAGR of 1% APCs and IFVs are expected to be the… Continue reading Global Military Armoured Vehicles Markets/Technology Report 2022-2030: Focus on Situational Awareness, Tactics, Signature Management, Countermeasures, Active Protection, Armour & Mitigate
GOODYEAR REPORTS SECOND QUARTER, FIRST HALF 2022 RESULTS
Net sales growth of 31% compared with the second quarter of 2021, over 15% growth excluding the Cooper Tire transaction Second quarter Goodyear net income of $166 million; adjusted net income of $131 million Merger-adjusted segment operating income of $372 million, up 7% compared to the second quarter of 2021 Unit volume growth of 21%, including… Continue reading GOODYEAR REPORTS SECOND QUARTER, FIRST HALF 2022 RESULTS
Last Mile Delivery Market Value is Set to Grow by USD 143.75 Billion from 2021 to 2026, Y-O-Y Growth Rate of 2022 is estimated at 13.48% – Technavio
NEW YORK, Aug. 5, 2022 /PRNewswire/ — 35% of the LAST MILE DELIVERY MARKET growth will originate from North America during the forecast period. Last mile or last mile logistics refers to the movement of goods from a transportation hub or warehouse to their final delivery destination. Delivery to the end customer is, in most… Continue reading Last Mile Delivery Market Value is Set to Grow by USD 143.75 Billion from 2021 to 2026, Y-O-Y Growth Rate of 2022 is estimated at 13.48% – Technavio
Strong Technical Advantages of TANK Platform, GWM TANK300 Will Bring a New Intelligent Off-road Experience
BAODING, China, Aug. 5, 2022 /PRNewswire/ — On July 29, the latest batch of GWM TANK300 arrived at the Port of Jeddah, Saudi Arabia, providing consumers with more opportunities to experience and truly feel the technical strength of the GWM TANK Platform. “GWM’s intention behind TANK Platform creation is to provide an uncompromised product experience… Continue reading Strong Technical Advantages of TANK Platform, GWM TANK300 Will Bring a New Intelligent Off-road Experience
Gogo Announces Record Results and Updates 2022 Guidance
Second Quarter Revenue of $97.8 million, up 19% Year-over-Year; Net Income from Continuing Operations of $22.0 million; and Adjusted EBITDA(1) of $41.2 million, up 12% Year-over-Year BROOMFIELD, Colo., Aug. 5, 2022 /PRNewswire/ — Gogo Inc. (NASDAQ: GOGO) (“Gogo” or the “Company”), the world’s largest provider of broadband connectivity services for the business aviation market, today… Continue reading Gogo Announces Record Results and Updates 2022 Guidance
Adient reports third quarter 2022 financial results
PLYMOUTH, Mich., Aug. 5, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its third quarter 2022 financial results. Q3 GAAP net loss and EPS diluted of $(30)M and $(0.32), respectively; Q3 Adj.-EPS diluted of $0.08 Q3 Adj.-EBITDA of $143M, up $25M y-o-y (up $18M when adjusting for portfolio actions… Continue reading Adient reports third quarter 2022 financial results
Revealed: The top 11 malware and ransomware strains you need to worry about
Image: Shutterstock / stockfour The US Cybersecurity and Infrastructure Security Agency (CISA) and the Australian Cyber Security Centre (ACSC) have picked 11 malware families as their top threats. The list is made up of malware that has evolved over the past 10 years as banking trojans, remote access trojans, information stealers, and ransomware delivery tools. … Continue reading Revealed: The top 11 malware and ransomware strains you need to worry about