Day: September 7, 2023

Methode Electronics, Inc. Reports Fiscal 2024 First Quarter Financial Results

Written by Customer Service on September 7, 2023. Posted in Public Companies.

CHICAGO, Sept. 07, 2023 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applications, today announced financial results for the first quarter of fiscal 2024 ended July 29, 2023. Fiscal First Quarter 2024 HighlightsNet sales were $289.7 million Electric and hybrid vehicle applications were 22 percent of net sales Net income was $0.9 million, or $0.02 per diluted share Adjusted net income was $2.0 million, or $0.06 per diluted share Company was awarded programs with expected annual sales of over $70 millionManagement CommentsPresident and Chief Executive Officer Donald W. Duda said, “Methode had strong sales in the quarter led by Nordic Lights, commercial vehicle lighting solutions, and EV applications, and...

ABM Reports Third Quarter Fiscal 2023 Results

Written by Customer Service on September 7, 2023. Posted in Earnings Releases And Operating Results.

Grew revenue 3.4% to $2.0 billion, including 2.5% organic growth Net income of $98.1 million and GAAP EPS of $1.47, compared to $56.8 million and $0.85 in the prior year, respectively Adjusted EBITDA of $125.3 million, essentially flat with the prior year Adjusted EPS of $0.79, versus $0.94 in the prior year Provides updated outlookNEW YORK, Sept. 07, 2023 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the third quarter of fiscal 2023. “In a challenging operating environment, ABM generated revenue growth of 3.4%. Strong growth in our Aviation, Education and Manufacturing & Distribution segments was partially offset by delayed project starts and lower bundled energy solutions activity within our Technical Solutions segment. Additionally, market conditions...

Food Safety Testing Market Size [2023-2030] | Industry Share & Global Forecast Report

Written by Customer Service on September 7, 2023. Posted in Mergers And Acquisitions.

Key Companies Covered in Food Safety Testing Market are SGS SA (Switzerland), Eurofins Scientific SE (Luxembourg), Intertek Group plc (U.K.), Bureau Veritas (France), ALS Limited (Australia), TÜV Nord Group (Germany), Neogen Corporation (U.S.), Microbac Laboratories, Inc.(U.S.), Romer Labs Division Holding GmbH (Austria), ALS (Australia), and more players. Pune, India, Sept. 07, 2023 (GLOBE NEWSWIRE) — The global food safety testing market has grown significantly in response to this concern, driven by technological advancements, regulatory pressures, and a growing demand for safer food products. This article explores the dynamics of this crucial market, its driving forces, challenges, and its critical role in protecting human health. In an era of globalization and complex supply chains, the safety of our food has become a paramount...

Private Security Market to Worth USD 338.23 Billion by 2030 | With a 5.3% CAGR

Written by Customer Service on September 7, 2023. Posted in Mergers And Acquisitions.

The Global Private Security Market Covered Major Segments Size, Share & COVID-19 Impact Analysis, By Service Type (Manned Security, Cash Services, Electronic Security Services, and Others), By Application (Residential, Commercial, Industrial, and Government), By End User (Manufacturing, Energy & Utilities, BFSI, Infrastructure, Retail, Ports/Airports, and Others), and Regional Forecast, 2023-2030Private Security MarketPrivate Security Market SizePune, India, Sept. 07, 2023 (GLOBE NEWSWIRE) — The global private security market size was valued at USD 224.49 billion in 2022 and is expected to be worth USD 235.37 billion in 2023 and is projected to reach USD 338.23 billion by 2030, recording a CAGR of 5.3% during the forecast period. Private security services refer to a company offering preventive and protective...

Saudi Arabia Food Service Market to Hit USD 34.04 Billion by 2030 | At a CAGR of 11.37%

Written by Customer Service on September 7, 2023. Posted in Mergers And Acquisitions.

Key companies covered in Saudi Arabia food service market are Yum! Brands, Inc. (U.S.), Starbucks Corporation (U.S.), McDonald’s Corporation (U.S.), Restaurant Brands International Inc. (Canada), Domino’s Pizza, Inc. (U.S.), Papa John’s International, Inc. (U.S.), ALBAIK Food Systems Company Ltd. (Saudi Arabia), Herfy Food Services Co. JSC, KSA. (Saudi Arabia), KUDU Company for Food and Catering (Saudi Arabia), Hardee’s Restaurants LLC (U.S.) and more players profiled.Saudi Arabia Food Service MarketSaudi Arabia Food Service Market SizePune, India, Sept. 07, 2023 (GLOBE NEWSWIRE) — The Saudi Arabia food service market size was valued at USD 14.16 billion in 2022 and is expected to be worth USD 16.02 billion in 2023 and is projected to reach USD 34.04 billion by 2030, recording a CAGR of 11.37% during the forecast...

Precision Drilling Announces Acquisition of CWC Energy Services

Written by Customer Service on September 7, 2023. Posted in Mergers And Acquisitions.

CALGARY, Alberta, Sept. 07, 2023 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. Precision Drilling Corporation (“Precision”) (TSX:PD; NYSE:PDS) is pleased to announce that it has entered into an agreement to acquire all of the issued and outstanding common shares of CWC Energy Services Corp. (“CWC”) (TSXV:CWC) for total consideration of approximately $141 million, comprised of 947,909 Precision shares, valued at approximately $88 million as of September 1, 2023 market close, $14 million in cash,...

Lifezone Metals Announces Release Date for its H1 2023 Financial Results and Shareholder Letter

Written by Customer Service on September 7, 2023. Posted in Earnings Releases And Operating Results.

Planned release date of September 20, 2023 New York (United States), Sept. 07, 2023 (GLOBE NEWSWIRE) — Lifezone Metals Limited (“Lifezone Metals” or the “Company”) (NYSE: LZM), a modern metals company creating value across the battery metals supply chain from mine to metals production and recycling, announced today that it plans to release its first half 2023 financial results and an accompanying Shareholder Letter before market open on Wednesday, September 20, 2023. The Shareholder Letter is expected to provide, among other updates, a comprehensive review of the exploration, technical and operational progress the Company has made in 2023 at its flagship Kabanga Nickel project in North-West Tanzania, as well as advancements on the external affairs and community relations and commercial fronts. The Shareholder Letter, along with...

Wearable Technology Market to Surpass USD 931.31 Billion by 2030, exhibiting a CAGR of 33.9%

Written by Customer Service on September 7, 2023. Posted in Mergers And Acquisitions.

As per the report by Fortune Business Insights, the global wearable technology market size is projected to reach USD 931.31 billion in 2030, at a CAGR of 33.9% during the forecast period, 2023-2030Wearable Technology MarketForecast, 2023 – 2030Pune, India, Sept. 07, 2023 (GLOBE NEWSWIRE) — The global wearable technology market size was valued at USD 93.28 billion in 2022 and is projected to reach USD 931.31 billion by 2030, exhibiting a CAGR of 33.9% during the forecast period. Fortune Business Insights presents this information in their latest report titled “Global Wearable Technology Market Forecast, 2023-2030.” Wearable technology encompasses devices are meant to be worn throughout the day, including smartwatches and fitness trackers. The availability of a range of products catering to different budgets...

Automation Testing Market Size to Surpass USD 51.26 Billion by 2030, exhibiting a CAGR of 18.8%

Written by Customer Service on September 7, 2023. Posted in Mergers And Acquisitions.

As per the report by Fortune Business Insights, the global Automation Testing Market size is projected to reach USD 51.26 Billion by 2030, at a CAGR of 18.8% during the forecast period.Automation Testing MarketForecast, 2023 – 2030Pune, India, Sept. 07, 2023 (GLOBE NEWSWIRE) — The global automation testing market size was valued at USD 13.50 billion in 2022 and is projected to reach USD 51.26 billion by 2030, exhibiting a CAGR of 12.4% during the forecast period. Fortune Business Insights™ provides this information in its research report, titled Automation Testing Market Forecast, 2023-2030. Growing Professional Services Demand to Propel Services Segment Expansion. The rise is propelled by the surging adoption of advanced solutions such as DevOps and Agile. Cloud-based tools enable teams to access the tool from...

Opthea to Present at the H.C. Wainwright 25th Annual Global Investment Conference

Written by Customer Service on September 7, 2023. Posted in Public Companies.

MELBOURNE, Australia, Sept. 07, 2023 (GLOBE NEWSWIRE) — Opthea Limited (NASDAQ:OPT; ASX:OPT), a clinical stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, announced today that Mr. Tim Morris, the Company’s Chief Financial Officer will present at H.C. Wainwright’s 25th Annual Global Investment Conference being held at the Lotte New York Palace Hotel in New York City on September 11th – 13th, 2023. Mr. Morris will present on Wednesday, September 13th at 12:00PM – 12:30PM EST (2:00 AM September 14th AEDT), which can be accessed live by registering at: https://journey.ct.events/view/f538e04f-dd74-4f59-aa96-7164bf6856e6. An archive of the presentation may be accessed for 90 days on the Investors page of the Opthea website at https://ir.opthea.com/. About Opthea Limited...

Day: September 7, 2023

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