Third quarter consolidated revenue declined 22% on lower industry demand Third quarter diluted EPS at $0.24 Results reflect continued execution of cost savings initiatives partially offsetting the market headwinds Full year 2024 guidance lowered to reflect continued weak end markets and elevated channel inventory levels Basildon, UK, Nov. 7 (Korea Bizwire) — CNH Industrial N.V. [...]
Highlights Total revenue up 13% year over year; service revenue up 19% year over year Billings1 and product revenue returns to growth Strong billings growth in Unified SASE and Security Operations Record GAAP operating margin of 31.2% Record Non-GAAP operating margin of 36.1%1 Cash flow from operations of $608 million; Free cash flow of $572 million1 [...]
Expands Lantronix’s IoT Wireless Connect Portfolio With Cutting-Edge 5G Technology Strengthens Competitive Offering, Adds New Blue-Chip Customers IRVINE, Calif., Nov. 7 (Korea Bizwire) – Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that it has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (“NetComm”), a subsidiary [...]
BERKELEY, Calif., Nov. 7 (Korea Bizwire) – Algorized, an AI-powered platform pioneering advanced people-sensing and positioning software, has raised $4.3 million in seed funding to drive innovation in people sensing and support safer, seamless human-machine interaction. The investment round was led by Amazon Industrial Innovation Fund, with participation from Acrobator Ventures, Berkeley SkyDeck Fund, CoreNest Capital, Shucker Ventures and other strategic investors. [...]
Champfromier, Thursday, November 7, 2024 NINE-MONTH REVENUE DOWN -5.2% AKWEL (FR0000053027, AKW, PEA-eligible), parts and systems manufacturer for the automotive and heavy-vehicle industry, specialist in fluid management, mechanisms and structural parts for electric vehicles, has recorded consolidated revenue of €757.7M at September 30, 2024. Consolidated revenue (from January 1 to September 30, [...]
BARCELONA, Spain, Nov. 07, 2024 (Korea Bizwire) – Smart City Expo World Congress (SCEWC), the leading international summit on cities and smart urban solutions organized by Fira de Barcelona, closed its 2024 edition this afternoon after registering record-breaking figures and focusing on ethical urban development. SCEWC was held with Tomorrow.Mobility World Congress – organized with the [...]
The new features in HyperExecute streamline Cypress debugging, simplify email management, and ensure compatibility with the latest browsers. Noida/San Francisco, Nov. 07, 2024 (Korea Bizwire) – LambdaTest, a leading cloud-based unified testing platform has announced several new updates to HyperExecute, its next-gen smart test orchestration platform. These updates introduce detailed Cypress command logs, simplified report email handling, [...]
TURIN, Italy, Nov. 07, 2024 (Korea Bizwire) – “Despite having done it before, this remains the ultimate challenge”. Boris Herrmann, German sailor and member of Yacht Club de Monaco, is ready to participate to the 10th edition of the Vendée Globe, the single-handed, non-stop, non-assisted round-the-world sailing race, taking place every 4 years since the 1989. [...]
Robust, secure, and flexibly deployed WMS platform designed for wholesale, distribution, manufacturing and retail markets ALPHARETTA, Ga., Nov. 07, 2024 (Korea Bizwire) – Today, Aptean, a global provider of mission-critical enterprise software solutions, announced the acquisition of Indigo Software Limited (“Indigo Software”), a provider of purpose-built warehouse management and logistics software solutions. With the acquisition of [...]
NEW YORK, Nov. 07, 2024 (Korea Bizwire) – The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Thursday, November 14, 2024, to provide an update on third quarter financial results and recent corporate developments. Third [...]