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

Lucid Announces Second Quarter 2022 Financial Results, Reports Strong Demand While Lowering Production Guidance for the Year

Q2 revenue of $97.3M driven by customer deliveries of 679 vehicles in the quarter Strong demand with over 37,000 reservations, representing potential sales of approximately $3.5B Production volume outlook for 2022 revised to a range of 6,000 to 7,000 vehicles NEWARK, Calif., Aug. 3, 2022 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), setting new standards… Continue reading Lucid Announces Second Quarter 2022 Financial Results, Reports Strong Demand While Lowering Production Guidance for the Year

ALLEGIANT TRAVEL COMPANY SECOND QUARTER FINANCIAL RESULTS

Second quarter 2022 GAAP diluted earnings per share of $0.24 Second quarter 2022 diluted earnings per share, excluding recognition bonus(1) of $0.62(1)(2) LAS VEGAS, August 3, 2022  /PRNewswire/ — Allegiant Travel Company (NASDAQ: ALGT) today reported the following financial results for the second quarter 2022, as well as comparisons to prior years: Consolidated Three Months… Continue reading ALLEGIANT TRAVEL COMPANY SECOND QUARTER FINANCIAL RESULTS

RV Retailer’s Airstream of Tampa Store Recognized as the Largest Airstream Dealership in the World for 3rd Consecutive Year

Airstream of Tampa #1 in All Three Categories (Overall, Touring Coaches and Travel Trailers) Airstream of Austin #1 in Central Region Airstream of Tampa Sets Airstream Store Records for Sales in All Three Categories FORT LAUDERDALE, Fla., Aug. 3, 2022 /PRNewswire/ — RV Retailer, LLC (“RVR”) announced today that Airstream of Tampa has been recognized by… Continue reading RV Retailer’s Airstream of Tampa Store Recognized as the Largest Airstream Dealership in the World for 3rd Consecutive Year

Toyota responde a las necesidades básicas tras la inundación sin precedentes en Kentucky

Proporciona $750,000 para apoyar la recuperación inmediata y a largo plazo; Opciones de alivio de pagos ofrecidas a los clientes afectados de Toyota y Lexus  PLANO, Texas, 3 de agosto de 2022 /PRNewswire-HISPANIC PR WIRE/ — Toyota anunció hoy $750,000 en donaciones para ayudar con las necesidades inmediatas y los esfuerzos de recuperación a largo… Continue reading Toyota responde a las necesidades básicas tras la inundación sin precedentes en Kentucky