Kimball

Kimball Electronics Reports Q1 Results With Strong Start to the Fiscal Year; Company Updates Guidance for Fiscal 2024

Retrieved on: 
Monday, November 6, 2023

Richard D. Phillips, Chief Executive Officer, stated, “I am very pleased with our results for the first quarter, particularly in light of the current macro environment.

Key Points: 
  • Richard D. Phillips, Chief Executive Officer, stated, “I am very pleased with our results for the first quarter, particularly in light of the current macro environment.
  • Q1 was a strong start to the fiscal year with record first quarter sales and operating income, year-over-year margin expansion, and 13% growth in net income.
  • Cash flow generated from operating activities in the first quarter of fiscal 2024 was $12.8 million, and capital expenditures were $11.3 million.
  • Net Sales by Vertical Market for Q1 Fiscal 2024:

Public First Responder Agencies Continue to Adopt Innovative Cellular Connectivity Solutions Leveraging Cradlepoint’s Grant Assistance Program

Retrieved on: 
Friday, October 13, 2023

The funding program was initiated to support public agencies who needed to modernize connectivity and communications solutions, but lacked adequate public funding.

Key Points: 
  • The funding program was initiated to support public agencies who needed to modernize connectivity and communications solutions, but lacked adequate public funding.
  • A wealth of new technologies and applications—including 5G solutions, private networking options, and more—exist today to aid frontline responders in their life-saving work.
  • However, finding money to power these technologies and important tools can prove to be incredibly difficult for first responder organizations.
  • The Cradlepoint grant assistance program was able to help the department navigate the Assistance to Firefighters Grant and reviewed their application and narratives before submission.

Former WWE®, UFC® Executive James Kimball Establishes Management Agency

Retrieved on: 
Thursday, August 17, 2023

RIDGEFIELD, Conn., Aug. 17, 2023 /PRNewswire/ -- James Kimball, a former senior executive at World Wrestling Entertainment (WWE®) and Ultimate Fighting Championship (UFC®), has announced the launch of Novo Sports Group℠, a management agency operating at the intersection of emerging athletes, properties, and brands. The full-service representation firm will guide professional, amateur, and collegiate athletes in maximizing value in today's dynamic sports landscape.

Key Points: 
  • Novo Sports Group℠ Will Advise Emerging Athletes, Properties, & Brands
    RIDGEFIELD, Conn., Aug. 17, 2023 /PRNewswire/ -- James Kimball, a former senior executive at World Wrestling Entertainment (WWE®) and Ultimate Fighting Championship (UFC®), has announced the launch of Novo Sports Group℠, a management agency operating at the intersection of emerging athletes, properties, and brands.
  • The full-service representation firm will guide professional, amateur, and collegiate athletes in maximizing value in today's dynamic sports landscape.
  • Leveraging cross-functional experience with global sports rights holders, Novo Sports Group will provide consulting services to growth properties and brands in addition to its core services across athlete management, marketing, and NIL advisory.
  • For more on Novo Sports Group, visit novosportsgroup.com and @novosportsgroup on all social media channels.

Helping A Hero, Bass Pro Shops and Lennar Break Ground on Adapted Home for U.S. Army Staff Sgt. Scott Adams (Ret.), Severely Injured in Iraq Explosion

Retrieved on: 
Thursday, June 29, 2023

BULVERDE, Texas, June 28, 2023 /PRNewswire/ -- Helping a Hero, a non-profit providing support for military personnel severely injured in the war on terror, Bass Pro Shops and Lennar, one of the nation's leading homebuilders, today broke ground on a wheelchair-accessible home for U.S. Army Staff. Sgt. Scott Adams (Ret.). The new Lennar home is in the master-planned Hidden Trails community in Bulverde, TX, near San Antonio.

Key Points: 
  • Neighbors lined the streets waving American flags and holding handmade signs cheering "Welcome Home, SSG Adams."
  • The groundbreaking was part of Helping a Hero's 100 Homes Challenge, which was launched by Johnny Morris, Founder and CEO of Bass Pro Shops.
  • Lennar worked with Helping a Hero to adapt the new home – a single-story Kimball plan showcasing Lennar's Next Gen® home-within-a-home design.
  • I am incredibly grateful to Helping a Hero, Lennar and Bass Pro Shops for making my dream come true."

Mountain America Credit Union Celebrates Opening of New Midvale, Utah Branch

Retrieved on: 
Friday, June 23, 2023

SANDY, Utah, June 23, 2023 (GLOBE NEWSWIRE) -- On Saturday, June 24, from 11 a.m. to 1 p.m., Mountain America Credit Union is hosting a public grand opening for its new Midvale Jordan River Blvd.

Key Points: 
  • SANDY, Utah, June 23, 2023 (GLOBE NEWSWIRE) -- On Saturday, June 24, from 11 a.m. to 1 p.m., Mountain America Credit Union is hosting a public grand opening for its new Midvale Jordan River Blvd.
  • branch at Mountain America Credit Union.
  • As a federally chartered credit union, Mountain America provides an additional broad assortment of services including real estate and business lending.
  • To learn more about Mountain America Credit Union, visit macu.com/accounts .

HNI Corporation Reports Earnings for First Quarter Fiscal Year 2023

Retrieved on: 
Monday, May 8, 2023

The impact of a residential building products company acquired in the second quarter of 2022 increased sales $1.5 million compared to the prior-year quarter.

Key Points: 
  • The impact of a residential building products company acquired in the second quarter of 2022 increased sales $1.5 million compared to the prior-year quarter.
  • The Corporation expects weaker macroeconomic conditions to continue to impact Workplace Furnishings demand and profitability on a year-over-year basis through the second quarter.
  • The Corporation expects second quarter 2023 operating income to exceed first quarter 2023 levels.
  • HNI Corporation will host a conference call on Monday, May 8, 2023 at 10:00 a.m. (Central) to discuss first quarter fiscal year 2023 results.

Clean Harbors Announces First-Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 3, 2023

Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the first quarter ended March 31, 2023.
  • In addition, we posted the best first-quarter safety results in our history, registering a Total Recordable Incident Rate (TRIR) of 0.61.
  • For the second quarter of 2023, Clean Harbors expects Adjusted EBITDA to decrease 7% to 9% from the prior year.
  • Clean Harbors reports Adjusted EBITDA, which is a non-GAAP financial measure and should not be considered an alternative to net income or other measurements under generally accepted accounting principles (GAAP) but viewed only as a supplement to those measurements.

Former Goldman Sachs Partner Rick Kimball Joins CEO Coaching International

Retrieved on: 
Wednesday, April 26, 2023

MIAMI, April 26, 2023 /PRNewswire/ -- CEO Coaching International, the leading CEO coaching firm for growth-focused CEOs and entrepreneurs globally, is pleased to announce Rick Kimball as its newest Partner and Coach.

Key Points: 
  • MIAMI, April 26, 2023 /PRNewswire/ -- CEO Coaching International, the leading CEO coaching firm for growth-focused CEOs and entrepreneurs globally, is pleased to announce Rick Kimball as its newest Partner and Coach.
  • "I am pleased to welcome Rick to our team of world-class executive coaches," said Mark Moses , CEO and Founding Partner of CEO Coaching International.
  • "I am honored to join CEO Coaching International as a partner and coach," Kimball said.
  • To schedule a complimentary introduction call with Rick Kimball or another one of the CEO Coaching International coaches, visit: CEOCoachingInternational.com/Coach/Rick-Kimball/

HNI Corporation to Acquire Kimball International

Retrieved on: 
Wednesday, March 8, 2023

HNI Corporation (NYSE: HNI) and Kimball International, Inc. (NASDAQ: KBAL) today announced that they have entered into a definitive agreement under which HNI will acquire all the outstanding shares of Kimball International in a cash and stock transaction valued at approximately $485 million.

Key Points: 
  • HNI Corporation (NYSE: HNI) and Kimball International, Inc. (NASDAQ: KBAL) today announced that they have entered into a definitive agreement under which HNI will acquire all the outstanding shares of Kimball International in a cash and stock transaction valued at approximately $485 million.
  • Under the terms of the agreement, Kimball International shareholders will receive $9.00 in cash and 0.1301 shares of HNI common stock for each share of Kimball International common stock they own.
  • We look forward to welcoming the talented Kimball International employees to HNI,” said Jeff Lorenger, HNI’s Chairman, President, and Chief Executive Officer.
  • HNI and Kimball International share similar cultures and values with a commitment to customer service and operational excellence.

Vivanti to hold hybrid data warehousing webinar

Retrieved on: 
Wednesday, September 21, 2022

NEW YORK, Sept. 21, 2022 /PRNewswire/ -- Vivanti — the enterprise technology consultancy delivering impactful cloud experiences and data-driven innovations with a client-first ethical framework — is holding a thought leadership webinar next week. The webinar outlines how a hybrid data modeling approach enables data warehousing projects to meet desired business objectives.

Key Points: 
  • Data consultancy Vivanti hosts webinar, outlining how hybrid data models help data warehouses deliver a balance between responsiveness and robustness
    NEW YORK, Sept. 21, 2022 /PRNewswire/ --Vivanti the enterprise technology consultancy delivering impactful cloud experiences and data-driven innovations with a client-first ethical framework is holding a thought leadership webinar next week.
  • The webinar outlines how a hybrid data modeling approach enables data warehousing projects to meet desired business objectives.
  • "Research from Data Science Central suggests that over 80 percent of today's data warehousing projects fail to achieve desired business goals," said Hunt.
  • Vivanti's data consultants then offer advice for successfully executing hybrid data warehousing solutions.