Getaround Appoints New Independent Directors to Its Board
Nikul Patel, Neil Savage and Qais Sharif bring significant expertise in governance, strategy and product development SAN FRANCISCO–(BUSINESS WIRE)–Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world’s first connected carsharing marketplace, today announced three new additions to its Board of Directors. Nikul Patel, Neil Savage and Qais Sharif effective May 6, 2024. They will join […]
Sud Stop Celebrates Norcross, GA, Opening with 3 Mos. Free Offer
Founders Club Members Save Up To $135 On Unlimited Wash Plan ORLANDO, Fla.–(BUSINESS WIRE)–To celebrate the opening of its newest location in Norcross, GA, Sud Stop Car Wash unveiled its Founders Club, offering 3 free months of any unlimited wash package to new members until May 19. The express car wash, at 2185 Beaver Ruin […]
Ford Names Lawler Vice Chair With Expanded Ford+ Role; House Joins as Finance VP, to Transition Into CFO Role
John Lawler, CFO and one of the architects of the Ford+ plan, taking on broader responsibilities as vice chair to help lead on future strategy choices, fully leverage partnerships, and liaise with leaders on industry-critical policy around the globe Sherry House joining Ford in June with experience across automotive, tech and startups, with plan to […]
AEye Announces Partnership with Leading Automotive Electronics and Vision Solutions Provider, LITEON
DUBLIN, Calif.–(BUSINESS WIRE)– Matt Fisch, AEye CEO, said, “We believe that LITEON is an ideal partner for us. Their innovative spirit, vast experience in providing solutions to the automotive ADAS market, combined with their cutting-edge industrialization capability will enable us to provide the industry’s leading long-range lidar solutions at a very competitive cost to our […]
Microvast Reports First Quarter 2024 Financial Results
Record company Q1 revenue, increased 73.2% year over year to $81.4 million Gross margin increased from 10.3% to 21.2%, a 10.9 percentage point improvement year over year STAFFORD, Texas–(BUSINESS WIRE)–Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial […]
indie Semiconductor Reports First Quarter 2024 Results
Delivers 29% Year-over-year Top Line Growth to $52.4M with Non-GAAP Gross Margin of 50.3% Guides Q2 2024 Revenue to be flat to up 5% Sequentially with Non-GAAP Gross Margin Expansion Well Positioned for Sustained Above Market Growth Driven by ADAS and User Experience 2H 2024 New Program Ramps ALISO VIEJO, Calif.–(BUSINESS WIRE)–indie Semiconductor, Inc. (Nasdaq: […]
ESAB Corporation Board Declares Increased Dividend
NORTH BETHESDA, Md.–(BUSINESS WIRE)– “We are proud to announce a double-digit increase in our dividend for our second straight year as a public company,” stated Shyam P. Kambeyanda, President and CEO of ESAB Corporation. “The dividend reflects our ability to successfully execute our strategic goals, generate strong cash flow quarter-over-quarter and deliver value to our […]
Getaround Releases First Quarter 2024 Results
Total Revenues Up 49% and Gross Booking Value Up 41% Year-Over-Year Leadership Transition, Capital Raise and Operational Streamlining Support Renewed Focus on Achieving Profitable Growth SAN FRANCISCO–(BUSINESS WIRE)–Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world’s first connected carsharing marketplace, today announced financial results for the first quarter of 2024 ended March 31, 2024. “Since […]
OPAL Fuels Reports First Quarter 2024 Results
WHITE PLAINS, N.Y.–(BUSINESS WIRE)–OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a vertically integrated leader in the capture and conversion of biogas into low carbon intensity renewable natural gas (RNG) and renewable electricity, today announced financial and operating results for the three months ended March 31, 2024. “First quarter financial and operational results […]
Ouster Announces Record Revenue and Margin for First Quarter 2024
Record revenue of $26 million, up 51% year over year GAAP gross margin of 29% and record non-GAAP gross margin of 36% SAN FRANCISCO–(BUSINESS WIRE)– First Quarter 2024 Highlights $26 million in revenue, up 51% year over year and 6% sequentially. Shipped approximately 4,500 sensors for revenue. GAAP gross margin of 29%, compared to (2%) […]
