Immersion Corporation Reports Fourth Quarter 2021 Results
Company Continues Focus on Driving Profitability SAN FRANCISCO–(BUSINESS WIRE)–$IMMR #haptics–Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today reported financial results for the fourth quarter ended December 31, 2021. Fourth Quarter Financial Summary: Total revenues of $9.7 million, compared to $10.9 million in the fourth quarter of 2020. Royalty and […]
Carvana to Accelerate Growth Through Acquiring ADESA U.S. Physical Auction Business from KAR Global
Proposed transaction will provide significant infrastructure and team to expand and enhance Carvana’s customer offering with a broader selection of vehicles and even faster delivery times At full utilization, ADESA U.S. reconditioning operations expand Carvana annual production capacity by approximately 2M units to over 3M 78% of U.S. population will be within 100 miles of […]
Carvana Announces Fourth Quarter and Full Year 2021 Results
Fourth Quarter 2021 Retail Units Sold of 113,016, an increase of 57% YoY Revenue of $3.753 Billion, an increase of 105% YoY Total Gross Profit per Unit of $4,566, an increase of $1,187 YoY Full Year 2021 Retail Units Sold of 425,237, an increase of 74% YoY Revenue of $12.814 Billion, an increase of 129% […]
Allison Transmission Announces an 11 Percent Increase to the Quarterly Dividend, a $1 Billion Increase to the Stock Repurchase Authorization and the Annual Stockholders Meeting and Record Date
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.19 to […]
Polaris Highlights Strategy for Long-Term Growth and Profitability at 2022 Analyst and Investor Day
Six strategic objectives focused on delivering a sustained competitive advantage as the global leader in powersports MINNEAPOLIS–(BUSINESS WIRE)–Today Polaris Inc. (NYSE: PII), the global leader in powersports, hosted its 2022 Analyst and Investor Day outlining its long-term strategy for achieving accelerated growth, driving profitability, and expanding its customer base. “We see a clear opportunity to […]
Dave Cantin Group Announces Formation of New Nonprofit, DCG Giving, to Benefit Cancer Research and Treatment
NEW YORK–(BUSINESS WIRE)–Dave Cantin Group (DCG) today announced the legal formation of DCG Giving Inc. – a new nonprofit which will channel charitable donations from the automotive industry to fund child and adolescent cancer research and treatment in communities nationwide. The brilliance of DCG Giving is that it connects the immense largesse of the automotive […]
The Knot Registry Store Becomes First Digital Wedding Registry to Offer Professional Sports Ticketing Across Major Sports
The Knot Registry Store Expands to Exclusively Offer 120+ Sports Event Tickets and Over 450 New International Experiences for Engaged Couples NEW YORK–(BUSINESS WIRE)–The Knot—a leading digital wedding planning destination and all-in-one registry platform —today announced that The Knot Registry Store will now include 120+ sports event tickets, creating the first digital wedding registry offering […]
Huck Cycles Receives Investment to Expand Operations, Boost Buying Power
CORNELIUS, N.C.–(BUSINESS WIRE)–Since 2019, Huck Cycles has been designing and building electric mopeds in North Carolina. They have built and delivered more than 700 mopeds in the U.S. and six other countries. Huck Cycles received an investment in late 2021 to help it procure more components, add to working capital and expand the team. In […]
Foundation 45 Mitsubishi Named Carfax Top-Rated Dealer
Customers Love Foundation 45 Mitsubishi Based on Verified Customer Ratings. SPRING, Texas–(BUSINESS WIRE)–Foundation 45 Mitsubishi is being recognized in the third annual CARFAX Top-Rated Dealer Program. Foundation 45 Mitsubishi was rated 5 stars for sales and 4.5 stars for service; with an overall rating of 4.5 stars. This elite group of dealers is being celebrated […]
XPEL to Build on Team Penske Success With Scott McLaughlin and No. 3 Chevrolet In 2022
Reigning INDYCAR SERIES Rookie of the Year to Race XPEL Chevrolet This Season MOORESVILLE, N.C.–(BUSINESS WIRE)–Team Penske and XPEL (NASDAQ: XPEL), a leading provider of protective films and coatings, announced today that 2021 NTT INDYCAR SERIES Rookie of the Year Scott McLaughlin will compete in the No. 3 XPEL Chevrolet at three races during the […]
