TTM

KBRA Assigns Preliminary Ratings to HLTN 2024-DPLO

Retrieved on: 
Mittwoch, Mai 29, 2024
Professional Services, Finance, KBRA, RevPAR, NCF, Resorts World, ADR, Food, Engineering, PAR, Foodservice, TTM, KLTV, CMBS

KBRA announces the assignment of preliminary ratings to seven classes of HLTN 2024-DPLO, a CMBS single-borrower securitization.

Key Points: 
  • KBRA announces the assignment of preliminary ratings to seven classes of HLTN 2024-DPLO, a CMBS single-borrower securitization.
  • The floating rate loan is expected to have a two-year initial term with three 12-month extension options and require monthly interest-only payments.
  • The mortgage loan will be secured by the borrower’s fee simple interest in The Diplomat Beach Resort located in Hollywood, Florida.
  • In addition, KBRA also relied on its Global Structured Finance Counterparty Methodology for assessing counterparty risk in this transaction, and its ESG Global Rating Methodology , to the extent deemed applicable.

TTM Technologies, Inc. Unveils New Xinger® High-Performance 50W (AVG) Directional and Hybrid Couplers for X-Band Commercial-Off-The-Shelf Military and Aerospace Applications

Retrieved on: 
Montag, Mai 20, 2024
Small Business Saturday, TTM, COTS, RF, Electronics

These state-of-the-art components are designed to meet the demanding requirements of broadband use in medium power X-Band (8-12GHz) commercial-off-the-shelf (COTS) military and aerospace (Mil-Aero) applications.

Key Points: 
  • These state-of-the-art components are designed to meet the demanding requirements of broadband use in medium power X-Band (8-12GHz) commercial-off-the-shelf (COTS) military and aerospace (Mil-Aero) applications.
  • The XMC0812F1-20G and XMC0812F1-03G couplers are high-performance directional and hybrid couplers designed for critical applications such as power and frequency detection, voltage standing wave ratio (“VSWR”) monitoring, and power splitting & combining.
  • These couplers have undergone rigorous qualification testing, adhering to the stringent standards of the Xinger® product line.
  • For more details on our product lines and newly released products, please visit ttm.com.

KBRA Assigns Preliminary Ratings to PGA 2024-RSR2

Retrieved on: 
Dienstag, Mai 21, 2024
Professional Services, Insurance, Finance, PGA, Methodology, KBRA, RevPAR, NCF, ADR, PGA National Resort, Tennis, Engineering, Sport, Wells Fargo, PAR, Foodservice, TTM, KLTV, CMBS, Golf, National Association, Telescopic sight

KBRA announces the assignment of preliminary ratings to 10 classes of PGA 2024-RSR2, a CMBS single-borrower securitization.

Key Points: 
  • KBRA announces the assignment of preliminary ratings to 10 classes of PGA 2024-RSR2, a CMBS single-borrower securitization.
  • The floating rate loan is expected to have a two-year initial term with three 12-month extension options and require monthly interest-only payments.
  • The mortgage loan will be secured by the borrower’s fee simple interest in PGA National Resort, located in Palm Beach Gardens, Florida.
  • The property also features a private membership club and vacation home rentals that participate in a hotel-managed rental program.

Esperanto Technologies and Rapidus Partner to Enable More Energy-Efficient Designs for the Coming “Post GPU Era”

Retrieved on: 
Mittwoch, Mai 15, 2024
Data Management, Technology, Semiconductor, Telecommunications, Apps, Applications, Software, Artificial Intelligence, Networks, Internet, Mobile, Wireless, Hardware, Partnership, IEA, Intelligence, International Energy Agency, Kilowatt-hour, Innovation, Integration, Rapidus, AI, Growth, Research, Graphics processing unit, Silicon, TTM, Esperanto, IIM, Generative, Electricity, HPC, Synthetic media, Management

In their recent report “Electricity 2024,” the International Energy Agency (IEA) stated, “Data centers are significant drivers of the growth in electricity demand.

Key Points: 
  • In their recent report “Electricity 2024,” the International Energy Agency (IEA) stated, “Data centers are significant drivers of the growth in electricity demand.
  • After globally consuming an estimated 460 terawatt-hours (TWh) in 2022, data centers’ total electricity consumption could reach more than 1,000 TWh in 2026.
  • Rapidus plans to start operation of a pilot production line at IIM-1 (the first fab) in April 2025, and begin mass production in 2027.
  • “The strategic partnership with Rapidus plays a key role in our expansion plans, particularly in Japan.

Esperanto Technologies and Rapidus Partner to Enable More Energy-Efficient Designs for the Coming “Post GPU Era”

Retrieved on: 
Mittwoch, Mai 15, 2024
Semiconductor, Data Management, Technology, Artificial Intelligence, Software, Partnership, IEA, Intelligence, International Energy Agency, Kilowatt-hour, Innovation, Integration, Rapidus, AI, Growth, Research, Graphics processing unit, Silicon, TTM, Esperanto, IIM, Generative, Electricity, HPC, Synthetic media, Management

In their recent report “Electricity 2024,” the International Energy Agency (IEA) stated, “Data centers are significant drivers of the growth in electricity demand.

Key Points: 
  • In their recent report “Electricity 2024,” the International Energy Agency (IEA) stated, “Data centers are significant drivers of the growth in electricity demand.
  • After globally consuming an estimated 460 terawatt-hours (TWh) in 2022, data centers’ total electricity consumption could reach more than 1,000 TWh in 2026.
  • Rapidus plans to start operation of a pilot production line at IIM-1 (the first fab) in April 2025, and begin mass production in 2027.
  • “The strategic partnership with Rapidus plays a key role in our expansion plans, particularly in Japan.

KBRA Assigns Preliminary Ratings to ARZ 2024-BILT

Retrieved on: 
Montag, Mai 13, 2024
Banking, Professional Services, Insurance, Finance, Methodology, Arizona Biltmore Hotel, KBRA, RevPAR, NCF, ADR, Food, Tennis, Engineering, Chase Bank, Foodservice, JPMorgan Chase, TTM, KLTV, CMBS, ARZ, National Association, Telescopic sight

KBRA announces the assignment of preliminary ratings to nine classes of ARZ 2024-BILT, a CMBS single-borrower securitization.

Key Points: 
  • KBRA announces the assignment of preliminary ratings to nine classes of ARZ 2024-BILT, a CMBS single-borrower securitization.
  • The fixed rate loan has a five-year term and requires monthly interest-only payments that will be based on a 7.32% coupon.
  • The hotel was originally constructed in 1929 under the influence of Frank Lloyd Wright and his protégé Albert Chase McArthur.
  • As of year-end 2023, the subject property achieved occupancy, ADR and RevPAR penetration rates of 111.6%, 107.5% and 120.0%, respectively.

TTM Technologies, Inc. Appoints Wajid Ali to Board of Directors

Retrieved on: 
Donnerstag, Mai 9, 2024
AMD, TTM, Business administration, Aerospace, Information technology, Retirement, Wajid, CPA, Controller, Senior, Audit committee, Defense, Chartered, RF, York University, Synaptics, CMA, Management

Mr. Ali succeeds outgoing Class I director Dr. Dov S. Zakheim, who retired on May 8, 2024, pursuant to the TTM Corporate Governance Guidelines that prescribes a mandatory retirement for directors at the age of 75.

Key Points: 
  • Mr. Ali succeeds outgoing Class I director Dr. Dov S. Zakheim, who retired on May 8, 2024, pursuant to the TTM Corporate Governance Guidelines that prescribes a mandatory retirement for directors at the age of 75.
  • Mr. Ali is a seasoned public company executive with over 20 years of experience in the technology industry.
  • Mr. Ali is expected to serve on the Audit Committee of the Board.
  • Mr. Ali also held key financial management positions at AMD and ATI, overseeing the finance functions for large business groups.

Cerence Announces Second Quarter Fiscal Year 2024 Results

Retrieved on: 
Donnerstag, Mai 9, 2024
Sale, Table, Nature, TTM, Toyota, Risk, AI, Health, Depreciation, Annual report, Yoy, Security (finance), Webcast, Forecasting, Growth, Original equipment manufacturer, COVID-19, Income tax, Acquisition, Failure, Professional services, Hamas, Bank statement, ID, IHS Markit, GAAP, Connected, Houthi movement

BURLINGTON, Mass., May 09, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today reported its second quarter fiscal year 2024 results for the quarter ended March 31, 2024.

Key Points: 
  • Based on IHS Markit data, global auto production increased 8% over the same time period ended on March 31, 2024.
  • For the fiscal quarter ending June 30, 2024, revenue is expected to be in the range of $66 million to $72 million.
  • KPIs should not be considered superior to, or a substitute for, operating results prepared in accordance with GAAP.
  • Change in number of Cerence connected cars shipped: The year-over-year change in the number of cars shipped with Cerence connected solutions.

GoHealth Reports First Quarter 2024 Results

Retrieved on: 
Donnerstag, Mai 9, 2024
CFO, CMS, TTM, GoHealth, Marketing, Encompass, Medicare, Adjustment, GAAP, Health insurance

CHICAGO, May 09, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three months ended March 31, 2024.

Key Points: 
  • CHICAGO, May 09, 2024 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three months ended March 31, 2024.
  • First quarter 2024 net revenues of $185.6 million, a slight increase compared to $183.2 million in the prior year period.
  • First quarter 2024 net loss of $21.3 million, an improvement of $1.2 million compared to $22.5 million in the prior year period.
  • First quarter 2024 Adjusted EBITDA(1) of $26.9 million, a decrease of $1.9 million compared to $28.8 million in the prior year period.

Supremex Announces Results for the First Quarter of 2024

Retrieved on: 
Mittwoch, Mai 8, 2024
Corporation, Table, Packaging and labeling, TTM, Depreciation, Social Democrats (Slovenia), Conference, Conference call, Income Tax Act, Legislation, Acquisition, Ratio, Eastern Time Zone, Adjustment, Envelope, Absorption

“The first quarter of 2023 was a record revenue and adjusted EBITDA quarter for Supremex.

Key Points: 
  • “The first quarter of 2023 was a record revenue and adjusted EBITDA quarter for Supremex.
  • We are encouraged with our first quarter performance, highlighted by sequential increases in adjusted EBITDA and net earnings from the fourth quarter of 2023,” said Stewart Emerson, President and CEO of Supremex.
  • The Envelope segment represented 72.9% of the Company’s revenue in the quarter, unchanged from the equivalent period of last year.
  • May 9, 2024 – First Quarter Results Conference Call:
    A conference call to discuss the Company’s results for the first quarter ended March 31, 2024, will be held Thursday, May 9, 2024, at 8:30 a.m. (Eastern Time).