Anixter

Wesco International Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 13, 2024
Acquisition, WCC, YOY, Internet, Depreciation, OEM, Share repurchase, Growth, Table, UBS, EES, Government, Information technology, Webcast, Organic, Tax, News, Electricity, Utility, CSS, Corporation, Bank statement, Anixter, Communication, WESCO International, Pharmaceutical industry

Backlog at the end of the fourth quarter of 2023 declined by 10% compared to the end of the fourth quarter of 2022.

Key Points: 
  • Backlog at the end of the fourth quarter of 2023 declined by 10% compared to the end of the fourth quarter of 2022.
  • Net interest expense for the fourth quarter of 2023 was $97.0 million compared to $87.3 million for the fourth quarter of 2022.
  • Other non-operating expense for the fourth quarter of 2023 was $10.5 million compared to $4.0 million for the fourth quarter of 2022.
  • The effective tax rate for the fourth quarter of 2023 was 31.5% compared to 24.6% for the fourth quarter of 2022.

Wesco International Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
(The) New Release, NYSE, Tax, Anixter, SG, EES, EBITDA, Corporation, Acquisition, Exercise, Communication, Organic, Bank statement, Kratos Defense & Security Solutions, Information technology, WESCO International, News, Utility, Growth, Internet, Webcast, Depreciation, UBS, Borrowing base, CSS, Table, Investment, WCC, Government, Electricity, Security (finance), Clothing, Cryptocurrency, Fine chemical, Video game, Pharmaceutical industry, Bank, Life insurance, Holding company, Commercial property, Retail, Online shopping

The following are results for the three months ended September 30, 2023 compared to the three months ended September 30, 2022:

Key Points: 
  • The following are results for the three months ended September 30, 2023 compared to the three months ended September 30, 2022:
    Net sales were $5.6 billion for the third quarter of 2023 compared to $5.4 billion for the third quarter of 2022, an increase of 3.6%.
  • Backlog at the end of the third quarter of 2023 declined by 6% compared to the end of the third quarter of 2022.
  • Net interest expense for the third quarter of 2023 was $98.5 million compared to $75.1 million for the third quarter of 2022.
  • Wesco will conduct a webcast and teleconference to discuss the third quarter of 2023 earnings as described in this News Release on Thursday, November 2, 2023, at 10:00 a.m. E.T.

Chicago Hearing Society (CHS) is on the Move!

Retrieved on: 
Thursday, September 28, 2023
Communication, Hearing, Hard, Huber loss, Anixter, Chicago River, Patient, Deafblindness, CHS, Person, Nightclub

CHICAGO, Sept. 28, 2023 /PRNewswire/ -- Lester and Rosalie Anixter Center announced today, Chicago Hearing Society (CHS) which provides communication access; hearing and assistive technologies; and support services for persons who are Deaf, DeafBlind, and Hard of Hearing will relocate and lease space at 2017 North Mendell, in the Lincoln Park Riverfront area, in early 2024.

Key Points: 
  • CHICAGO, Sept. 28, 2023 /PRNewswire/ -- Lester and Rosalie Anixter Center announced today, Chicago Hearing Society (CHS) which provides communication access; hearing and assistive technologies; and support services for persons who are Deaf, DeafBlind, and Hard of Hearing will relocate and lease space at 2017 North Mendell, in the Lincoln Park Riverfront area, in early 2024.
  • This is one of Chicago's most progressive work environments and is situated between on the Chicago River between Webster and Cortland.
  • CHS will be occupying a little over 5,000 square feet of space in this 62,000 square foot loft building.
  • "We look forward to welcoming our clients, patients, and visitors to this newly redeveloped modern environment.

Wesco International Reports Record Second Quarter 2023 Results

Retrieved on: 
Thursday, August 3, 2023
CSS, Borrowing base, Human, WCC, Exercise, SG, Table, Kratos Defense & Security Solutions, Information technology, Internet, Bank statement, (The) New Release, Communication, Tax, EES, Utility, YOY, Organic, EBITDA, Acquisition, ...Continued, Investment, Depreciation, WESCO International, Corporation, Webcast, UBS, Growth, Government, Transport, Anixter, NYSE, News, Electricity, Pharmaceutical industry, Bookkeeping, Security (finance), Real estate, Clothing, Renewable energy, Video game, Fine chemical, Holding company, Cryptocurrency, Retail, Online shopping

Backlog at the end of the second quarter of 2023 increased 6% compared to the end of the second quarter of 2022.

Key Points: 
  • Backlog at the end of the second quarter of 2023 increased 6% compared to the end of the second quarter of 2022.
  • Net interest expense for the second quarter of 2023 was $98.8 million compared to $68.5 million for the second quarter of 2022.
  • Other non-operating expense for the second quarter of 2023 was $0.8 million compared to $1.2 million for the second quarter of 2022.
  • The effective tax rate for the second quarter of 2023 was 27.2% compared to 26.5% for the second quarter of 2022.

Wesco Expands Innovation Solutions Portfolio to Help Customers Transform Complex Supply Chain, Technology and Sustainability Challenges into Business Growth

Retrieved on: 
Wednesday, May 24, 2023
OT, DMI, WCC, Eaton, Information technology, Internet of things, CommScope, WESCO International, Samsung Strategy and Innovation Center, Cisco Meraki, Crestron Electronics, APC, Ecosystem, Anixter, NYSE, Automation, Renewable energy, Retail, Corning

Complementing Wesco's existing products and services portfolio, the newly expanded capabilities include the formation of an Innovation Partner Ecosystem; the expansion of internet of things (IoT) Advisory Services; and the opening of a new solutions innovation center in Glenview, IL.

Key Points: 
  • Complementing Wesco's existing products and services portfolio, the newly expanded capabilities include the formation of an Innovation Partner Ecosystem; the expansion of internet of things (IoT) Advisory Services; and the opening of a new solutions innovation center in Glenview, IL.
  • Mr. Engel continued, "Our expanded set of services will enable new markets and business opportunities for our suppliers and strategic partners.
  • The newly formed Innovation Partner Ecosystem will work together to develop solutions to help customers achieve aggressive goals around electrification, automation and IoT, grid modernization, security, supply chain consolidation and digitalization.
  • As information technology (IT) and operations technology (OT) come together, customers across every sector are looking to gain real-time, data-driven insights into their businesses.

EYEfi Group Technologies, a Software and Electronics Engineering Company, through its Partnership with Axis Communications, Launches Major Initiative for its Cloud Connect Platform – Video on InvestmentPitch Media

Retrieved on: 
Monday, February 27, 2023
Cloud, Marketing, Closed-circuit television, Axis Communications, Anixter, News, Eye-Fi, CSE, Dell Technologies, Software, Acquisition, Google Cloud Connect, Hewlett Packard Enterprise, Internet, Cisco, Electronics, Microsoft, SPARC, Industrial, Mobile phone, Video game, Lenovo, Axis, Citrix Systems

Axis Communications ( www.axis.com ), a product partner of EYEfi, sells millions of camera devices per year in the Australian and Asian markets.

Key Points: 
  • Axis Communications ( www.axis.com ), a product partner of EYEfi, sells millions of camera devices per year in the Australian and Asian markets.
  • Under this exciting new initiative, Axis will underwrite the expense and pay EYEfi for the full 6-month subscription period, thereby raising awareness and driving new clients to the EYEfi Cloud Connect Platform.
  • The EYEfi Cloud Connect ‘ships in the box' with a scannable QR code with every Axis camera sold to customers.
  • Dicker Data is marketing and selling EYEfi Axis Cloud through its network of more than 6,000 resellers across Australia and New Zealand.

WESCO International Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, February 14, 2023
Software, Supply Chain Management, Networks, Other Energy, Utilities, Alternative Energy, Energy, Technology, Security, Other Transport, Retail, Transport, Logistics, Bank statement, Electricity, CSS, Anixter, Rahi, Video news release, WCC, SG, Investment, UBS, Communication, Corporation, NYSE, News, Acquisition, Utility, EBITDA, Table, Webcast, EES, Government, Information technology, WESCO International, International, Internet, Growth, Kratos Defense & Security Solutions, Depreciation, Borrowing base, Video game, Online shopping, Cryptocurrency, Pharmaceutical industry

Depreciation and amortization for the fourth quarter of 2022 was $43.4 million compared to $53.9 million for the fourth quarter of 2021, a decrease of $10.5 million.

Key Points: 
  • Depreciation and amortization for the fourth quarter of 2022 was $43.4 million compared to $53.9 million for the fourth quarter of 2021, a decrease of $10.5 million.
  • Net interest expense for the fourth quarter of 2022 was $87.3 million compared to $60.4 million for the fourth quarter of 2021.
  • The effective tax rate for the fourth quarter of 2022 was 24.6% compared to 15.7% for the fourth quarter of 2021.
  • Net income attributable to common stockholders was $204.6 million for the fourth quarter of 2022 compared to $153.1 million for the fourth quarter of 2021.

Edge Data Center Global Market Report 2022: by Component, Product Type, Data Center Size, Application and Region

Retrieved on: 
Friday, December 30, 2022
Benchmark, Organization, Internet, Microsoft, Component, Data center services, Enterprise & Data Center SSD Form Factor, Health, Hitachi, Anixter, Transport, Schneider Electric, Growth, Insurance, Dell, Holding, Micro data center, Coronavirus, IBM, Silicon, Government, DC, Cloud computing, DCIM, Cisco Systems, Fujitsu Ltd. v. Netgear Inc., Create, Marketing, Video game console, Warehouse, Mobile phone, Renewable energy

DUBLIN, Dec. 30, 2022 /PRNewswire/ -- The "Edge Data Center Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 30, 2022 /PRNewswire/ -- The "Edge Data Center Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global edge data center market.
  • The edge data centers market research report is one of a series of new reports that provides edge data center market statistics, including edge data center industry global market size, regional shares, competitors with an edge data centers market share, detailed edge data centers market segments, market trends and opportunities, and any further data you may need to thrive in the edge data centers industry.
  • Global Edge Data Center Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

EYEfi Group Technologies, a software and electronics engineering company, receives additional order from Telstra, Australia’s largest wireless carrier – Video on InvestmentPitch Media

Retrieved on: 
Friday, December 9, 2022
Cloud, Acquisition, Anixter, Ministry, Electronics, VSP, Internet, Eye-Fi, Software, Suggestion, News, Department of Transport (Victoria), Industrial, VicRoads, CSE, GPS, SPARC, Risk, Automation, Software as a service, Dot, Victorian, Transport, Telstra

VANCOUVER, British Columbia, Dec. 09, 2022 (GLOBE NEWSWIRE) -- EYEfi Group Technologies (CSE:EGTI) (OTCPink:EGTTF), a software and electronics engineering company, has received an additional, greater than $100,000, order from Telstra Corporation.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 09, 2022 (GLOBE NEWSWIRE) -- EYEfi Group Technologies (CSE:EGTI) (OTCPink:EGTTF), a software and electronics engineering company, has received an additional, greater than $100,000, order from Telstra Corporation.
  • This new order is for the EYEfi Cloud Automated Incident Management product used by the Victorian Government’s Department of Transport.
  • Telstra Corporation, Australia’s largest wireless carrier, is an EYEfi channel partner or reseller, primarily relating to its end customers, the Victorian Government Department of Transport and VicRoads.
  • EYEfi Group has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format.

Ryder System, Inc. Elects Charles M. Swoboda to its Board of Directors

Retrieved on: 
Monday, December 12, 2022
Other Manufacturing, Other Transport, Trucking, Rail, Automotive, Transport, Automotive Manufacturing, Manufacturing, Logistics, Supply Chain Management, Fleet Management, Maintenance, Security (finance), MIT Technology Review, Anixter, Wolfspeed, Transport, Risk, Business Wire, Ryder, NYSE, Silicon, WCC, Multimedia, News, Workforce, WESCO International, Management, Cree

View the full release here: https://www.businesswire.com/news/home/20221212005069/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221212005069/en/
    Ryder appoints Charles M. "Chuck" Swoboda to its board of directors, effective December 12, 2022.
  • (Photo: Business Wire)
    The board nominated Mr. Swoboda as director for his impressive leadership experience, says Ryder Chairman and CEO Robert Sanchez.
  • The Ryder board is also increasing the size of the board to twelve members to accommodate the appointment.
  • To learn more about Ryders board of directors, please visit: https://investors.ryder.com/
    NOTE: A headshot of Mr. Swoboda is available in the Ryder Newsroom and via Business Wire.