Environmental Test Chamber Market to be Worth $1,197.9 Million by 2030: Grand View Research, Inc.

SAN FRANCISCO, Aug. 8, 2023 /PRNewswire/ — The global environmental test chamber market size is anticipated to reach USD 1,197.9 million by 2030, growing at a CAGR of 3.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth of the market for environmental test chambers is anticipated to be… Continue reading Environmental Test Chamber Market to be Worth $1,197.9 Million by 2030: Grand View Research, Inc.

Cage Automation Is Key to Modernizing Gaming and Hospitality Industry in Increasingly Cashless World, Says Info-Tech Research Group

The firm’s latest industry research highlights how cage automation can enable the gaming and hospitality industry to navigate through digital transformation, streamline processes, and enhance the guest experience. TORONTO, Aug. 8, 2023 /PRNewswire/ – As casino guest expectations rise, the gaming and hospitality industries must innovate to remain competitive. Recognizing this critical need, global IT… Continue reading Cage Automation Is Key to Modernizing Gaming and Hospitality Industry in Increasingly Cashless World, Says Info-Tech Research Group

Universal Technical Institute Reports Fiscal Year 2023 Third Quarter Results

Raised and adjusted fiscal 2023 financial guidance, including revenue guidance tightened to a range of $602 million to $605 million and adjusted EBITDA guidance raised to a range of $62 million to $64 million. PHOENIX, Aug. 8, 2023 /PRNewswire/ — Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades… Continue reading Universal Technical Institute Reports Fiscal Year 2023 Third Quarter Results

V2X Announces Strong Second Quarter 2023 Results

Second Quarter 2023 Highlights: Revenue of $977.9 million, up 10.2% y/y on a pro forma basis Awarded significant bookings of $2.1 billion, driving backlog +10% sequentially to $13.0 billion Reported operating income of $34.3 million; adjusted operating income1 of $70.5 million Adjusted EBITDA1 of $76.4 million with a margin1 of 7.8% Diluted EPS of $0.06;… Continue reading V2X Announces Strong Second Quarter 2023 Results

GATES ANNOUNCES SECONDARY OFFERING OF 15,000,000 ORDINARY SHARES

DENVER, Aug. 8, 2023 /PRNewswire/ — Gates Industrial Corporation plc (NYSE: GTES, “Gates” or the “Company”) announced today that certain selling stockholders affiliated with Blackstone Inc. (the “Selling Stockholders”) have commenced a secondary offering of 15,000,000 of Gates’ ordinary shares (the “Offering”). In connection with the Offering, the Selling Stockholders intend to grant to the underwriters… Continue reading GATES ANNOUNCES SECONDARY OFFERING OF 15,000,000 ORDINARY SHARES

Axon raises outlook after Q2 2023 revenue grows 31% to $375 million

SCOTTSDALE, Ariz., Aug. 8, 2023 /PRNewswire/ —  Axon Cloud & Services revenue of $133 million up 62% year over year Annual recurring revenue grows 52% to $559 million Net income of $12 million supports Adjusted EBITDA of $82 million Full year revenue outlook raises to $1.51 billion to $1.53 billion, or approximately 27% to 29%… Continue reading Axon raises outlook after Q2 2023 revenue grows 31% to $375 million

U.S. Postal Service Reports Third Quarter Fiscal Year 2023 Results

Significant progress under Delivering for America plan producing improved service reliability USPS Ground Advantage advances Postal Service position in the package delivery business Some inflationary pressures ease but continue to negatively impact financial results WASHINGTON, Aug. 8, 2023 /PRNewswire/ — The U.S. Postal Service today announced its financial results for the third quarter of fiscal… Continue reading U.S. Postal Service Reports Third Quarter Fiscal Year 2023 Results

GreenPower Announces Conference Call Covering Results for the First Quarter of 2024 to be Held on August 14, 2023

VANCOUVER, BC, Aug. 8, 2023 /PRNewswire/ — GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) (“GreenPower”), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, plans to host a conference call and webcast for all shareholders and… Continue reading GreenPower Announces Conference Call Covering Results for the First Quarter of 2024 to be Held on August 14, 2023

ASTM decision brings 100% SAF certification within reach

STOCKHOLM, Aug. 7, 2023 /PRNewswire/ — Swedish Biofuels AB announced today that the ASTM International Committee has accepted the use of C2 to C5 alcohols as feedstock for the alcohol-to-jet (ATJ) pathway as well as a new specification for fully formulated aviation fuel with aromatics. The ASTM International Committee D02 on Petroleum Products, Liquid Fuels, and… Continue reading ASTM decision brings 100% SAF certification within reach

Kongsberg Automotive reports strong underlying revenue growth of 17.5% in Q2, profits hit by lower revenues from the Chinese car market and one-time effects

Zurich, August 8, 2023: Kongsberg Automotive ASA (“Kongsberg Automotive”) has published its results for the second quarter 2023. The results show an underlying solid revenue growth of 17.5% at constant currency. Loss of profitable business in China and one-time effects impacted profitability negatively.  All the financial information in this press release refers to the continuing… Continue reading Kongsberg Automotive reports strong underlying revenue growth of 17.5% in Q2, profits hit by lower revenues from the Chinese car market and one-time effects