INTERNATIONAL GAME TECHNOLOGY PLC REPORTS SECOND QUARTER 2023 RESULTS

Delivered strong Q2’23 financial performance with revenue and operating income margin meeting high end of outlook range Revenue of $1.06 billion increased 3% as reported, 11% net of Italy commercial services sale, driven by strong key performance indicators and player demand trends Operating income rose 10% to $251 million; 24% operating income margin up 150… Continue reading INTERNATIONAL GAME TECHNOLOGY PLC REPORTS SECOND QUARTER 2023 RESULTS

Lear Reports Improved Second Quarter 2023 Results

SOUTHFIELD, Mich., Aug. 1, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2023. Second Quarter 2023 Highlights Sales increased 18% to a record $6.0 billion, compared to $5.1 billion in the second quarter of 2022 Sales outperformed global industry production,… Continue reading Lear Reports Improved Second Quarter 2023 Results

Graphic Packaging Holding Company Reports Second Quarter 2023 Financial Results; Reiterates Full Year 2023 Guidance

Highlights Net Sales were $2,392 million, an increase of 1% versus the prior year quarter. Net Income was $150 million, an increase of 127% versus the prior year quarter. Adjusted EBITDA was $453 million, an increase of 14% versus the prior year quarter. Earnings per Diluted Share were $0.49, an increase of 133% versus the… Continue reading Graphic Packaging Holding Company Reports Second Quarter 2023 Financial Results; Reiterates Full Year 2023 Guidance

Europa Wire: Continental UltraContact NXT: Leading the Way in Sustainable Tire Manufacturing 000704

Continental’s UltraContact NXT: Leading the Way in Sustainable Tire Manufacturing (IN BRIEF) Continental has commenced production of its most sustainable series tire, the UltraContact NXT, in Portugal. The summer tire incorporates up to 65 percent renewable, recycled, and certified materials, while maintaining excellent safety and performance. It contains bio-based silica from rice husks, recycled rubber,… Continue reading Europa Wire: Continental UltraContact NXT: Leading the Way in Sustainable Tire Manufacturing 000704

Europa Wire: Dutch Racer Demi Vollering Triumphs as Škoda Sponsors Second Edition of Tour de France Femmes avec ZWIFT000703

Dutch Racer Demi Vollering Triumphs as Škoda Sponsors Second Edition of Tour de France Femmes avec ZWIFT (IN BRIEF) The second edition of the Tour de France Femmes avec ZWIFT concluded with Dutch racer Demi Vollering emerging as the overall winner. The points classification was won by Belgian Lotte Kopecky, who received a green trophy… Continue reading Europa Wire: Dutch Racer Demi Vollering Triumphs as Škoda Sponsors Second Edition of Tour de France Femmes avec ZWIFT000703

VIVOTEK Enables 360-Degree Monitoring with Large-Scale Surveillance Solution at Japan’s Leading Logistics Center

TAIPEI, Aug. 1, 2023 /PRNewswire/ —  Background Continue Reading VIVOTEK Enables 360-Degree Monitoring with Large-Scale Surveillance Solution at Japan’s Leading Logistics Center Japan’s biggest logistics company with the largest warehouses and most expansive network has introduced a large-scale surveillance system featuring VIVOTEK’s surveillance cameras. Since its inception in the Meiji period, the logistics company has… Continue reading VIVOTEK Enables 360-Degree Monitoring with Large-Scale Surveillance Solution at Japan’s Leading Logistics Center

ASPHALT PAVEMENT ALLIANCE NOW ACCEPTING 2023 PERPETUAL PAVEMENT AWARD NOMINATIONS

ORANGE PARK, Fla., Aug. 1, 2023 /PRNewswire/ — The Asphalt Pavement Alliance (APA) is accepting nominations for Perpetual Pavement Awards (PPAs) through December 1. Road owners may apply at www.driveasphalt.org/awards. Each year since 2001, the APA has recognized state DOTs and local agency road owners for asphalt pavements that meet stringent PPA criteria. In 2021,… Continue reading ASPHALT PAVEMENT ALLIANCE NOW ACCEPTING 2023 PERPETUAL PAVEMENT AWARD NOMINATIONS

Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2023 Results

Revenues of $3.8 billion, up 7% year-over-year Net Income of $210 million (5.5% margin); Adjusted EBITDA of $420 million (10.9% margin) Diluted Earnings per Share of $1.50, or $1.80 on a non-GAAP basis Cash Flows from Operations of $164 million; Free Cash Flow of $124 million Net Bookings of $2.9 billion (book-to-bill ratio of 0.8)… Continue reading Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2023 Results

VIVOTEK Enables 360-Degree Monitoring with Large-Scale Surveillance Solution at Japan’s Leading Logistics Center

TAIPEI, Aug. 1, 2023 /PRNewswire/ —  Background Continue Reading VIVOTEK Enables 360-Degree Monitoring with Large-Scale Surveillance Solution at Japan’s Leading Logistics Center Japan’s biggest logistics company with the largest warehouses and most expansive network has introduced a large-scale surveillance system featuring VIVOTEK’s surveillance cameras. Since its inception in the Meiji period, the logistics company has… Continue reading VIVOTEK Enables 360-Degree Monitoring with Large-Scale Surveillance Solution at Japan’s Leading Logistics Center

Airbus, Air France CEOs to Keynote Flight Safety Foundation International Summit

ALEXANDRIA, Va., Aug. 1, 2023 /PRNewswire/ — Airbus Chief Executive Officer Guillaume Faury and Air France CEO Anne Rigail will be keynote speakers at Flight Safety Foundation’s 76th annual International Aviation Safety Summit (IASS), scheduled for Nov. 6–8, 2023, in Paris. The theme for this year’s event is “harnessing innovation and collaboration for global aviation… Continue reading Airbus, Air France CEOs to Keynote Flight Safety Foundation International Summit