Polaris Continues to Lead the Industry with 2023 Snowmobile Lineup
MINNEAPOLIS–(BUSINESS WIRE)–Since 1954, Polaris Inc. (NYSE: PII) has been pioneering the sport of snowmobiling. The original Sno-Traveler was just the start, with the next 68 years representing a relentless pursuit to help our riders make the most out of winter. Introduced today, the lineup of 2023 Polaris Snowmobiles is the next chapter of the legacy, […]
Orion Engineered Carbons Opens New Line in Italy for Specialty and Technical Rubber Customers
HOUSTON–(BUSINESS WIRE)–#WEKNOWBLACK—Orion Engineered Carbons (NYSE:OEC), a specialty chemical company, has commissioned the first new reactor for carbon black production in the European Union in over 40 years at its plant in Italy, and this week will begin commercial sales with the line. The new 25-kiloton line at the facility in the northern city of Ravenna […]
Helios Technologies Outperforms on Augmented Strategy to Deliver 44% Revenue Growth and 324% EPS Growth in the Fourth Quarter 2021
Strong organic sales growth of 26% in the quarter and 27% for the year driven by innovation and responsiveness to meet strong demand and capture greater market share Fundamental strength in operational strategy drives conversion to earnings; Fourth quarter net income grew to $23.6 million, up nearly 4x over the prior-year period Achieved diluted EPS […]
Vroom Reports Strong Fourth Quarter and Full Year 2021 Growth
Vroom Delivers Record Ecommerce Units Quarterly and FY 2021 Ecommerce Unit Sales Up 93% and 117% YoY, respectively Quarterly and FY 2021 Ecommerce Gross Profit Up 64% and 171% YoY, respectively NEW YORK–(BUSINESS WIRE)–$VRM #VRM–Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the fourth quarter […]
Velodyne Lidar Reports Fourth Quarter and Full Year 2021 Financial Results
Sold 4,900+ sensor units in Q4, achieving a quarterly record Shipped 15,000+ sensors in 2021, bringing lifetime total to 67,000+ Delivered $17.5 million and $61.9 million in revenue in Q4 and full year 2021; respectively SAN JOSE, Calif.–(BUSINESS WIRE)–$VLDR #4QFY21–Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW), the leading lidar company known worldwide for its broad portfolio […]
Luminar Provides Business Update with Q4 and Full-Year 2021 Financials
News Highlights: Delivered All 5 Key 2021 Milestones; Full-Year 2021 Revenue at Top End of Guidance Completed All Core Development Milestones in First Series Production Contract Expecting Series Production Readiness at Year End 2022; 40% More Major Commercial Wins ORLANDO, Fla.–(BUSINESS WIRE)–Luminar Technologies, Inc. (NASDAQ: LAZR), a leading global automotive technology company, today announced its […]
USIC LLC Joins The Network of Employers for Traffic Safety Board of Directors
VIENNA, Va.–(BUSINESS WIRE)–The Network of Employers for Traffic Safety (NETS) is pleased to announce that USIC LLC has joined the organization’s Board of Directors. Performing over 80 million locates annually, USIC is the most trusted name in underground utility damage prevention. USIC also provides a full suite of utility services throughout the United States and […]
CORRECTING and REPLACING Fisker Ocean All-electric SUV Makes Its European Debut at Mobile World Congress
Fisker hosts the European debut of its all-electric Fisker Ocean SUV at Mobile World Congress in Barcelona. For the US and select European and Scandinavian countries, deliveries of the Fisker Ocean will start shortly after production begins in November 2022. Fisker recently opened a European office in Munich and is building a brand experience center […]
Baron & Budd Investigates Potential Defect in Certain Polaris Off-Road Vehicles, Including Particular Ranger and RZR Models
Lawsuits allege the engines of certain Polaris vehicles lack proper ventilation and heat shielding, and place dangerously combustible parts mere inches from the occupants LOS ANGELES–(BUSINESS WIRE)–The national law firm Baron & Budd announced it is currently investigating claims regarding a potential defect in certain Polaris Ranger, Ace, and RZR off-road vehicles. According to the […]
Clubspeed Acquires KartingManager to Continue International Expansion and Market Leadership
IRVINE, Calif.–(BUSINESS WIRE)–Clubspeed, the leading global venue management software solution for go karting centers, race tracks, trampoline parks, golf simulators and family entertainment centers, announced today the acquisition of KartingManager, a software provider to karting venues in 17 countries. This combination will bolster Clubspeed’s dominance in the global karting market and continue their expansion internationally […]
