Endura

SiTime Solves Critical Challenges in GPS-enabled Defense Systems

Retrieved on: 
Thursday, December 7, 2023

SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced its Endura Epoch Platform ™ built for robust and resilient positioning, navigation and timing (PNT) services critical in defense operations.

Key Points: 
  • SiTime Corporation (NASDAQ: SITM), the precision timing company, today announced its Endura Epoch Platform ™ built for robust and resilient positioning, navigation and timing (PNT) services critical in defense operations.
  • “GPS was originally deployed for national security and later adopted for a variety of commercial and industrial applications,” said Piyush Sevalia, executive vice president of marketing at SiTime.
  • “In addition to national security applications, GPS plays an essential role in civilian infrastructure, such as aviation, power grid and emergency response.
  • An industry analysis revealed that a total GPS outage would negatively impact the economy by $1 billion per day .”
    “Over the last few decades, defense systems and business processes have been structured around GPS-based PNT,” continued Sevalia.

Front End of the Line Semiconductor Equipment Market size to increase by USD 7.56 billion from 2023 to 2028 | Allwin21 Corp., Applied Materials Inc., ASML and more among key companies- Technavio

Retrieved on: 
Thursday, December 14, 2023

NEW YORK, Dec. 14, 2023 /PRNewswire/ -- The front end of the line semiconductor equipment market is expected to grow by USD 7.56 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Dec. 14, 2023 /PRNewswire/ -- The front end of the line semiconductor equipment market is expected to grow by USD 7.56 billion from 2023 to 2028.
  • The growth of the advanced consumer electronics industry is notably driving the front-end of the line semiconductor equipment market.
  • Front End Of The Line Semiconductor Equipment Market 2024-2028: Company Analysis
    Applied Materials Inc.: The company offers front end of the line semiconductor equipment such as Endura, Alta, Axcela, Aera4, and Aeris-S.
  • View PDF Free Sample Report
    Front End Of The Line Semiconductor Equipment Market 2024-2028: Key Highlights
    The US - semiconductor capital spending market size is estimated to grow at a CAGR of 5.31% between 2023 and 2028.

Masonite International Corporation Reports Third Quarter Results Featuring Margin Resilience and Strong Operating Cash Flow

Retrieved on: 
Tuesday, November 7, 2023

Subsequent to the quarter end, we were pleased to announce the acquisition of Fleetwood, a leading manufacturer of high-end glass doors for luxury homes.

Key Points: 
  • Subsequent to the quarter end, we were pleased to announce the acquisition of Fleetwood, a leading manufacturer of high-end glass doors for luxury homes.
  • SG&A as a percentage of net sales increased 260 basis points to 14% compared to the third quarter of 2022.
  • Adjusted EBITDA* was $107 million in the third quarter of 2023, a decrease of 4% driven primarily by the impact of volume declines.
  • During the third quarter, Masonite repurchased approximately 106,329 shares of stock for $10 million, at an average price of $94.05.

Masonite International Corporation Reports Solid Second Quarter Results Including Record Cash Flow Performance

Retrieved on: 
Tuesday, August 8, 2023

SG&A as a percentage of net sales was 13.3%, a 140 basis point increase compared to the second quarter of 2022.

Key Points: 
  • SG&A as a percentage of net sales was 13.3%, a 140 basis point increase compared to the second quarter of 2022.
  • Adjusted EBITDA* was $118 million in the second quarter of 2023, equal to the second quarter of 2022.
  • Diluted adjusted earnings per share* were $2.30 in the second quarter of 2023 compared to $2.58 in the comparable 2022 period.
  • During the second quarter, Masonite repurchased approximately 159,145 shares of stock for $14 million, at an average price of $90.58.

UK Brand Kingston E-liquids Partners with INNOKIN in Bid to Replace Disposable Vapes

Retrieved on: 
Wednesday, May 31, 2023

SHENZHEN, China, May 31, 2023 /PRNewswire/ -- Disposable vapes have seen a meteoric rise over the past two years and in terms of tobacco harm reduction, they have been a major triumph. With millions of users worldwide, the low barrier to entry has made disposable vapes a convenient option for smokers looking for a less harmful alternative.

Key Points: 
  • However, the short life cycle of disposable vapes presents some real long-term concerns, namely their environmental impact, and high cost to consumers over time.
  • Now, UK e-liquid brand Kingston E-liquids has teamed up with veteran vape manufacturer INNOKIN to deliver a better solution – The Podbar Salts Endura S1 kit.
  • Before long, Kingston E-liquids secured distribution across the entirety of Yorkshire and then the UK with an expanding presence across Europe.
  • John and the Kingston team wanted to solve the key issues surrounding disposable vapes.

UK Brand Kingston E-liquids Partners with INNOKIN in Bid to Replace Disposable Vapes

Retrieved on: 
Wednesday, May 31, 2023

SHENZHEN, China, May 31, 2023 /PRNewswire/ -- Disposable vapes have seen a meteoric rise over the past two years and in terms of tobacco harm reduction, they have been a major triumph. With millions of users worldwide, the low barrier to entry has made disposable vapes a convenient option for smokers looking for a less harmful alternative.

Key Points: 
  • However, the short life cycle of disposable vapes presents some real long-term concerns, namely their environmental impact, and high cost to consumers over time.
  • Now, UK e-liquid brand Kingston E-liquids has teamed up with veteran vape manufacturer INNOKIN to deliver a better solution – The Podbar Salts Endura S1 kit.
  • Before long, Kingston E-liquids secured distribution across the entirety of Yorkshire and then the UK with an expanding presence across Europe.
  • John and the Kingston team wanted to solve the key issues surrounding disposable vapes.

Metalex Raised $2M in Seed Funding Led by Endura Capital Management

Retrieved on: 
Friday, May 26, 2023

KETCHUM, Idaho, May 26, 2023 /PRNewswire/ -- Metalex, an emerging US mining and metals company operating across the African continent, has raised $2 million in seed funding.

Key Points: 
  • KETCHUM, Idaho, May 26, 2023 /PRNewswire/ -- Metalex, an emerging US mining and metals company operating across the African continent, has raised $2 million in seed funding.
  • This funding will enable the company to expand its metal processing operations, enhance its technology platform, and grow its team.
  • The funding round was led by Endura Capital Management, a Sun Valley, Idaho based hedge fund.
  • Endura has also entered into a strategic partnership with Metalex to form the $10 Million Endura Metalex African Opportunities Fund.

Masonite International Corporation Reports Solid Start to 2023

Retrieved on: 
Monday, May 8, 2023

Total Company gross profit was $170 million in the first quarter of 2023, a decrease of 7%.

Key Points: 
  • Total Company gross profit was $170 million in the first quarter of 2023, a decrease of 7%.
  • Diluted adjusted earnings per share* were $1.88 in the first quarter of 2023 compared to $2.89 in the comparable 2022 period.
  • During the first quarter, Masonite repurchased approximately 168,523 shares of stock for $15 million, at an average price of $87.33.
  • A telephone replay will be available approximately one hour following completion of the call through May 23, 2023.

INNOKIN Promotes Sustainable Vaping with Launch of 'Vape For The Planet' Campaign

Retrieved on: 
Friday, April 21, 2023

SHENZHEN, China, April 21, 2023 /PRNewswire/ -- INNOKIN, a major player in the vaping industry, has launched its "Vape For The Planet" campaign aimed at promoting sustainable vaping practices. The campaign coincides with Earth Day 2023 and seeks to educate consumers about making environmentally friendly choices while providing discounts on sustainable product lines.

Key Points: 
  • "INNOKIN Takes a Step towards a Sustainable Future: Educating Customers About Eco-Friendly Vaping Practices"
    SHENZHEN, China, April 21, 2023 /PRNewswire/ -- INNOKIN, a major player in the vaping industry, has launched its "Vape For The Planet" campaign aimed at promoting sustainable vaping practices.
  • INNOKIN will also offer site-wide discounts on sustainable vaping devices through their INNOKINStore online outlet, giving vapers the opportunity to directly reduce their environmental impact when vaping.
  • All respondents to the survey will be automatically entered into a prize draw featuring INNOKIN's most popular sustainable vaping devices.
  • For more information on sustainable vaping practices and INNOKIN's efforts toward a greener future, please visit the INNOKIN website.

INNOKIN Promotes Sustainable Vaping with Launch of 'Vape For The Planet' Campaign

Retrieved on: 
Friday, April 21, 2023

SHENZHEN, China, April 21, 2023 /PRNewswire/ -- INNOKIN, a major player in the vaping industry, has launched its "Vape For The Planet" campaign aimed at promoting sustainable vaping practices. The campaign coincides with Earth Day 2023 and seeks to educate consumers about making environmentally friendly choices while providing discounts on sustainable product lines.

Key Points: 
  • "INNOKIN Takes a Step towards a Sustainable Future: Educating Customers About Eco-Friendly Vaping Practices"
    SHENZHEN, China, April 21, 2023 /PRNewswire/ -- INNOKIN, a major player in the vaping industry, has launched its "Vape For The Planet" campaign aimed at promoting sustainable vaping practices.
  • INNOKIN will also offer site-wide discounts on sustainable vaping devices through their INNOKINStore online outlet, giving vapers the opportunity to directly reduce their environmental impact when vaping.
  • All respondents to the survey will be automatically entered into a prize draw featuring INNOKIN's most popular sustainable vaping devices.
  • For more information on sustainable vaping practices and INNOKIN's efforts toward a greener future, please visit the INNOKIN website.