Category: Blog
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Why Is Consumer Robot Maker iRobot Stock Plunging Today?
Shares of consumer robot maker iRobot Corp (NASDAQ:IRBT) are trading lower in premarket on Wednesday after the fourth-quarter FY24 earnings. The company reported fourth quarter sales decline of 44% year-on-year to $172.03 million, beating the analyst consensus estimate of $171.00 million. Adjusted EPS loss of $2.06 missed the consensus estimate loss of $1.73. Gross margin…
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Leading Logistics Provider Orders $4.4 Million in Ruggedized Mobile Computing Solutions from OMNIQ
This order follows multiple high-value purchase orders in Q4 2024 and Q1 2025, reinforcing OMNIQ’s role in driving efficiency and innovation across retail, logistics, and manufacturing. Trusted Partner: Our six-year collaboration reflects a commitment to delivering cutting-edge solutions. Enhancing LTL Operations: With locations in 13 states, this LTL leader relies on OMNIQ to optimize efficiency,…
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Top Wall Street Forecasters Revamp Adobe Price Expectations Ahead Of Q1 Earnings
Adobe Inc. (NASDAQ:ADBE) will release its first-quarter financial results, after the closing bell, on Wednesday, March 12. Analysts expect the San Jose, California-based company to report quarterly earnings at $4.97 per share, up from $4.48 per share in the year-ago period. Adobe projects quarterly revenue of $5.66 billion, compared to $5.18 billion a year earlier,…
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ClearSign Technologies Corporation Announces Purchase Order for ClearSign Core™ “M” Series Process Burner for a Gas Processing Facility in Colorado
Burner Sold by Heater Manufacturer Devco Process Heaters TULSA, Okla., March 12, 2025 /PRNewswire/ — ClearSign Technologies Corporation (NASDAQ:CLIR) (“ClearSign” or the “Company”), an emerging leader in industrial combustion and sensing technologies that support decarbonization, improve operational and energy efficiency, enable the use of hydrogen as a fuel and enhance safety while dramatically reducing emissions, announces they…
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Cryoport’s MVE Biological Solutions Expands High-Efficiency Cryogenic Freezer Series With Answer to Evolving Needs of Fertility Clinics, Biorepositories and Clinical Laboratories
NASHVILLE, Tenn., March 12, 2025 /PRNewswire/ — Cryoport, Inc. (NASDAQ:CYRX) (“Cryoport” or “the Company”), a global leader in supply chain solutions for the life sciences, today announced the launch of MVE Biological Solutions‘ (“MVE”) High-Efficiency 800 C, the latest addition to its next-generation High-Efficiency (“HE”) Series of cryogenic freezers. The HE 800 C combines ergonomic features…
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Ray Dalio Says China Is ‘Way Ahead’ In AI And Robotics: US Lags in Mass Production
Hedge fund manager and billionaire investor Ray Dalio reiterated his stance on China’s dominance in the application and usage of artificial intelligence technology. What Happened: The founder of Bridgewater Associates, Dalio, while speaking at a CNBC event, Converge Live in Singapore, highlighted how the United States was “uniquely competitive” in inventing, and particularly inventing the…
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ABM Q1 Earnings: Sales And EPS Beat, Cash Flow Challenges, Outlook Boost And More
ABM Industries Inc. (NYSE:ABM) shares are trading higher after the company reported first-quarter FY25 earnings. Sales grew 2.2% year over year to $2.11 billion, beating the consensus of $2.09 billion. Revenue growth was driven by Technical Solutions (+22% Y/Y) and Aviation (+8.2% Y/Y), with Education revenue rose 2.4% Y/Y. Operating profit rose 4.7% Y/Y to $77.6 million in the quarter. Adjusted EBITDA…
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Unison Overcomes 20 Competitors to Win $22M HHS HCAS/DCIS IT Professional Support Services Contract
MCLEAN, Va., March 12, 2025 /PRNewswire/ — Unison, the leading provider of software and services for federal agencies, announced that it has been awarded a $22 million contract by the U.S. Department of Health and Human Services (HHS) to provide IT professional support services for the Health and Human Services Consolidated Acquisition System (HCAS) and…
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Ocean Power Technologies Announces Binding Letter of Intent to Deploy AI-Capable PowerBuoy for a Major International Defense Contractor
MONROE TOWNSHIP, N.J., March 12, 2025 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (NYSE:OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it received a binding letter of intent to deploy a PowerBuoy® for an undisclosed customer to demonstrate the survivability and suitability of…
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8 Rivers and Wood Sign Pre-FEED Agreement for Wyoming Carbon Capture Project
DURHAM, N.C., March 12, 2025 (GLOBE NEWSWIRE) — 8 Rivers Capital, LLC, a world-leading decarbonization technology developer, has awarded Wood, a global leader in consulting and engineering, an agreement for the preliminary front end engineering and design (Pre-FEED) activities at a jointly-developed Wyoming carbon capture project with PacifiCorp. Pre-FEED activities under this agreement will be…