The Rivian name and logo are shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. REUTERS/Mike Blake/file photo Aug 8 – Rivian Automotive (RIVN.O) on Tuesday raised its full-year production forecast after it beat second-quarter revenue expectations on higher deliveries. The company also posted a narrower quarterly loss,… Continue reading Rivian lifts production target after quarterly revenue beat on higher deliveries
Tag: Financial Results
TransDigm Group Reports Fiscal 2023 Third Quarter Results
CLEVELAND, Aug. 8, 2023 /PRNewswire/ — TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the third quarter ended July 1, 2023. Third quarter highlights include: Net sales of $1,744 million, up 25% from $1,398 million in the prior year’s quarter; Income from continuing… Continue reading TransDigm Group Reports Fiscal 2023 Third Quarter Results
Westport Awarded Additional Production Supply Agreement for Euro 7 LPG Fuel Systems by Global OEM
VANCOUVER, BC, Aug. 8, 2023 /PRNewswire/ –Westport Fuel Systems Inc. (TSX: WPRT) (NASDAQ: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, announced today it has been designated as the supplier of liquified petroleum gas (LPG) systems to a global original equipment manufacturer (OEM). This is in addition… Continue reading Westport Awarded Additional Production Supply Agreement for Euro 7 LPG Fuel Systems by Global OEM
Century Casinos, Inc. Announces Second Quarter 2023 Results
COLORADO SPRINGS, Colo., Aug. 8, 2023 /PRNewswire/ — Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) today announced its financial results for the three and six months ended June 30, 2023. Second Quarter 2023 Highlights* Compared to the three months ended June 30, 2022: Net operating revenue was $136.8 million, an increase of 23%. Earnings from operations… Continue reading Century Casinos, Inc. Announces Second Quarter 2023 Results
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