ParkOhio Announces Fourth Quarter and Full Year 2023 Results and the Acquisition of EMA Indutec GmbH
Fourth quarter: Net sales from continuing operations of $389 million, up 2% year-over-year GAAP EPS from continuing operations of $0.54 per diluted share, up from a loss of $(0.58) per diluted share a year ago Q4 results impacted by United Auto Workers strike at light vehicle and heavy truck plants Strong Q4 operating cash flows […]
ChargePoint Reports Fourth Quarter and Full Fiscal Year 2024 Financial Results
Fiscal fourth quarter revenue of $116 million and full fiscal year revenue of $507 million Fiscal fourth quarter GAAP gross margin of 19% and non-GAAP gross margin of 22%; full fiscal year GAAP gross margin of 6% and non-GAAP gross margin of 8% Full fiscal year subscription revenue of $120 million representing 41% year-over year […]
Aeva Reports Fourth Quarter and Full Year 2023 Results
Selected by Daimler Truck for Series Production Program with an Order Book* of $1Bn Announced and Demonstrated Atlas, World’s First Automotive-Grade 4D LiDAR for Mass Production Growing Momentum in Automotive with Multiple Passenger Vehicle RFQs, Including with a New Global Top 10 Passenger Vehicle OEM MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Key Company Highlights Daimler Truck selected […]
Eaton named one of the World’s Most Ethical Companies® for the 13th time by the Ethisphere Institute
Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance and governance practices. CLEVELAND–(BUSINESS WIRE)–Intelligent power management company Eaton has again been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process […]
Groundbreaking Hybrid Refrigeration Units Now Available from Utility Trailer Throughout North America
Cargobull North America’s Hybrid TRUs on Utility Trailer’s 3000R® are Changing the Landscape of Refrigerated Transportation NEW ORLEANS–(BUSINESS WIRE)–The ATA Technology & Maintenance Council’s Annual Meeting & Transportation Technology Exhibition celebrates industry innovation, progress, and performance. At this year’s conference, Utility Trailer Manufacturing Company, LLC announced the innovative Cargobull North America, LLC (CBNA) transport refrigeration […]
Snap-on to Present at BofA Securities and Roth Investor Conferences
KENOSHA, Wis.–(BUSINESS WIRE)–Snap-on Incorporated (NYSE: SNA) announced that its Chairman and Chief Executive Officer, Nick Pinchuk, is scheduled to present at two upcoming investor conferences: The 2024 BofA Securities Consumer & Retail Conference in Miami Beach, FL on Wednesday, March 13, 2024, at 11:20 a.m. Eastern; and The 36th Annual ROTH Conference in Dana Point, […]
Faraday Future Files Lawsuit Against Ding Lei and Affiliated Companies of Human Horizons for Infringement of Trade Secrets and Unfair Competition
LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, announced today that it and its Chinese subsidiary (collectively, the “Company,” “Faraday Future” or “FF”) filed a lawsuit against Ding Lei, a former executive of the Company and founder of Human Horizons Holdings (Shanghai) Co., Ltd. (together […]
Nissan Enhances Starting Price of 2024 Nissan Ariya to $39,590
Nissan’s flagship electric crossover now available at a more accessible and competitive price point NASHVILLE–(BUSINESS WIRE)–The 2024 Nissan Ariya is on sale now with a starting Manufacturer’s Suggested Retail Price1 (MSRP) from $39,590 with enhanced MSRP across all trim levels to appeal to a wider audience of EV buyers. Ariya Engage, the entry point to […]
Global Wireless Charging Market Report 2024-2029: Significant Growth Projected Amid Surge in EV and Smart Device Adoption – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The The global wireless charging market is on the verge of expansive growth, with a forecasted jump to USD 16.0 billion by 2029, from its current valuation of USD 6.4 billion in 2024. This remarkable growth, charting a Compound Annual Growth Rate (CAGR) of 20.3% from 2024-2029, speaks volumes of the technology’s increasing pervasiveness, […]
Perseus Operating Group of Constellation Software Completes Acquisition of Auto-IT Group
MELBOURNE, Australia–(BUSINESS WIRE)–Perseus Operating Group (“Perseus”) of Constellation Software Inc. (“Constellation”) announced today that it has completed the purchase of Auto-IT Pty Ltd (“Auto-IT”), a market leading dealer management system provider for franchise automotive, agriculture, trucking and construction equipment markets. The acquisition further expands the Perseus footprint in dealership software markets, having already established a […]