PLYMOUTH, Mich., Nov. 8, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its fourth quarter 2023 financial results. Q4 GAAP net income and EPS diluted of $135M and $1.42, respectively; Q4 Adj.-EPS diluted of $0.51 Q4 Adj.-EBITDA of $235M, up $8M y-o-y Gross debt and net debt totaled ~$2.5B and… Continue reading 06:50 ETAdient reports fourth quarter and full-year 2023 financial results; successfully delivers on the company’s FY2023 financial commitmentsAdient …
Tag: Financial Results
Hydrogen Fueling Station Market to Garner $22.01 Billion, Globally, by 2035 at 35.9% CAGR: Allied Market Research
Stringent government regulations to control increasing pollution along with the high suitability of hydrogen as fuel and increase in R&D activities related to hydrogen fuel cell technology drive the growth of the global hydrogen fueling station market. WILMINGTON, Del., Nov. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Hydrogen Fueling Station Market by… Continue reading Hydrogen Fueling Station Market to Garner $22.01 Billion, Globally, by 2035 at 35.9% CAGR: Allied Market Research
Glamping Tents Fabric Market to Reach $1.9 Billion, Globally, by 2032 at 10.8% CAGR: Allied Market Research
The global glamping tents fabric market is driven by growth in demand for unique outdoor experiences where glamping offers a luxurious and unique way to experience the outdoors, attracting travelers who want to enjoy nature without sacrificing comfort. This increasing demand for unique outdoor experiences drives the need for high-quality glamping tents and consequently, glamping… Continue reading Glamping Tents Fabric Market to Reach $1.9 Billion, Globally, by 2032 at 10.8% CAGR: Allied Market Research
Exascend Unveils Automotive Storage Solutions for Connected Vehicles
TAIPEI, Nov. 8, 2023 /PRNewswire/ — Exascend, a service-oriented provider of innovative storage and memory solutions, today announced its EM500 series e.MMC and microSD500 series memory cards to meet rising data storage demands of connected and autonomous vehicles. These products, equipped with advanced 3D TLC NAND flash technology, are designed to withstand temperatures up to 105°C and… Continue reading Exascend Unveils Automotive Storage Solutions for Connected Vehicles
Accolade Named to 2023 Deloitte Technology Fast 500™
Attributes 227% revenue growth to a relentless focus on delivering exceptional outcomes SEATTLE, Nov. 8, 2023 /PRNewswire/ — Accolade today announced it has been named to the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. Accolade grew… Continue reading Accolade Named to 2023 Deloitte Technology Fast 500™
Evisort Named One of the Fastest-Growing Companies in the Bay Area and North America on the 2023 Deloitte Technology Fast 500™
2,979% Revenue Growth Reflects Market Demand for AI-Powered Contract Lifecycle Management SAN FRANCISCO, Nov. 8, 2023 /PRNewswire/ — Evisort, the leader in artificial intelligence (AI) for contract lifecycle management (CLM) and analysis, today announced it ranked 53 on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and… Continue reading Evisort Named One of the Fastest-Growing Companies in the Bay Area and North America on the 2023 Deloitte Technology Fast 500™
Apollo Tyres shifts focus to larger tyre sizes in response to SUV demand
Apollo Tyres, a prominent tyre supplier in the automotive sector, is strategically redirecting its attention towards tyre sizes of 14 inches and above. This decision is a direct response to the surging demand for sports utility vehicles (SUVs), which has led to a noticeable shift in the market’s preference for larger-sized tyres. The shift in… Continue reading Apollo Tyres shifts focus to larger tyre sizes in response to SUV demand
SKF India Q2 FY23-24 net profit down 43%
SKF India, a supplier of bearings to automotive and other sectors, reported a net profit of Rs 899.7 crore during Q2 FY24, translating into a 43% slide against Rs 1558.3 crore registered in Q2 FY23. The operating revenues, on the other hand, improved moderately by 4% to Rs 1,125.2 crore during Q2 FY24 as compared to Rs 1,078.3 crore… Continue reading SKF India Q2 FY23-24 net profit down 43%
SKF India Q2 FY23-24 net profit down 43%
SKF India, a supplier of bearings to automotive and other sectors, reported a net profit of Rs 899.7 crore during Q2 FY24, translating into a 43% slide against Rs 1558.3 crore registered in Q2 FY23. The operating revenues, on the other hand, improved moderately by 4% to Rs 1,125.2 crore during Q2 FY24 as compared to Rs 1,078.3 crore… Continue reading SKF India Q2 FY23-24 net profit down 43%
Pricol reports consolidated revenue of Rs 562.66 crore in Q2 FY24
Coimbatore-based auto component maker Pricol reported revenue of Rs 562.662 crore in Q2 FY24, translating to a year on year growth of 12.31%. The company’s profit after tax was Rs 33.115 crore, for the second quarter of this financial year. The company’s Q2FY24 EBITDA stood at Rs 69.86 crore, registering a year on year growth… Continue reading Pricol reports consolidated revenue of Rs 562.66 crore in Q2 FY24