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TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on:

Wednesday, March 6, 2024

Professional Services, Finance, BBB, SP Plus Corporation, TPC, Investment, Veritas Technologies, Cohesity, DBRS, Financial services

TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023 and the declaration by its Board of Directors of its first quarter 2024 distribution of $0.40 per share.

Key Points:

TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023 and the declaration by its Board of Directors of its first quarter 2024 distribution of $0.40 per share.
”Venture capital markets continued to be challenging in the fourth quarter,” said Jim Labe, chairman and chief executive officer of TPVG.
The return on average equity for the fourth quarter was 18.3% based on net investment income.
The following table shows the total portfolio investment activity for the three months and years ended December 31, 2023 and 2022:

Tutor Perini Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Wednesday, February 28, 2024

Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2023 (see attached tables).

Key Points:

Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2023 (see attached tables).
Revenue for 2023 was $3.9 billion, up slightly compared to 2022, primarily due to a lower amount of net unfavorable impacts from settlements, litigation results and other project charges in 2023 as compared to 2022.
Loss from construction operations for 2023 was $114.6 million compared to $204.8 million for 2022.
The Company will host a conference call at 2:00 PM Pacific Time on Wednesday, February 28, 2024, to discuss the fourth quarter and full year 2023 results.

Tutor Perini Announces Conference Call to Discuss Fourth Quarter and Full Year 2023 Results

Retrieved on:

Wednesday, February 21, 2024

Engineering, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, CFO, Senior, TPC, Webcast, Internet, Tutor Perini, Tutoring

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, February 28, 2024, to discuss the Company's fourth quarter and full year 2023 results.

Key Points:

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, February 28, 2024, to discuss the Company's fourth quarter and full year 2023 results.
Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO; Gary Smalley, President; and Ryan Soroka, Senior Vice President and CFO.
The conference call will be webcast live over the Internet and can be accessed by all interested parties on Tutor Perini's website at www.tutorperini.com .
For those unable to participate during the live call, the webcast will be available for replay shortly after the call on Tutor Perini's website.

Cordless Tool Showcase: Festool Experience Returns For 2024

Retrieved on:

Tuesday, March 5, 2024

City, TPC

LEBANON, Ind., March 5, 2024 /PRNewswire/ -- Festool, a leading manufacturer of innovative, precision-engineered and durable power tool solutions, is hosting a series of in-person demo events for attendees to experience its newest tools in action. At Festool Experience, Festool representatives will showcase the latest cordless tools and highlight the products' precision, durability and versatility at dealers across the country.

Key Points:

LEBANON, Ind., March 5, 2024 /PRNewswire/ -- Festool , a leading manufacturer of innovative, precision-engineered and durable power tool solutions, is hosting a series of in-person demo events for attendees to experience its newest tools in action.
At Festool Experience, Festool representatives will showcase the latest cordless tools and highlight the products' precision, durability and versatility at dealers across the country.
"After a few years of hosting Festool Experience events and seeing the impression it leaves on our customers, we wanted to bring these events back in 2024," said Michael Burch, Executive VP of Sales at Festool.
At Festool Experience, attendees will also get hands-on experience with the tools.

TPC launches HVAC Simulations, with modules focused on industrial HVAC safety, maintenance, and troubleshooting

Retrieved on:

Tuesday, March 5, 2024

HVAC, VFD, TPC, LMS, Common, PLC, Knowledge, Environment

ORLANDO, Fla., March 5, 2024 /PRNewswire-PRWeb/ -- TPC Simulations are a cloud-based, 3D environment where technicians learn to maintain and troubleshoot several types of industrial systems: electrical, controls, programmable logic controller (PLC), and variable frequency drives (VFD). HVAC Simulations are available as a stand-alone training tool and as a bundle with the current simulation offerings. Like TPC's cloud-based simulations already on the market, HVAC Simulations are available on TPC's learning management system (LMS), FUSION, or they can be integrated into many other LMS on the market.

Key Points:

In response to market demand, TPC has launched HVAC Simulations, an addition to the TPC Simulations product line focused on HVAC Cooling system safety, repair, and troubleshooting.
HVAC Simulations are available as a stand-alone training tool and as a bundle with the current simulation offerings.
HVAC Simulations are an exploratory learning environment featuring a realistic rooftop HVAC system.
The simulation is broken down into topics: HVAC Safety, Exploring HVAC Systems, Common HVAC Procedures, and Troubleshooting HVAC Systems Fundamentals.

Trexon Sells Industrial Products Group (IPG) to Amphenol Corporation

Retrieved on:

Thursday, February 8, 2024

Trexon, a leading provider of specialized interconnectivity solutions, announced the sale of its Industrial Products Group (IPG) to Amphenol Corporation.

Key Points:

Trexon, a leading provider of specialized interconnectivity solutions, announced the sale of its Industrial Products Group (IPG) to Amphenol Corporation.
The remaining business operations, comprising Trexon’s Engineered Products Group (EPG), will now operate solely as Trexon.
“We wish our former colleagues at IPG well and expect that the Industrial Products Group will continue its journey of profitable growth as part of the Amphenol family,” noted Mark Twaalfhoven, President and CEO of Trexon.
“I’m very excited to welcome TPC Wire & Cable [FKA: Trexon’s Industrial Products Group or IPG] to the Amphenol family.

NDRI Announces Organ Procurement Organization Partnerships and Program Manager for the Somatic Mosaicism across Human Tissues (SMaHT) Network

Retrieved on:

Wednesday, February 7, 2024

The National Disease Research Interchange (NDRI) is pleased to announce its recovery network and program manager for the Somatic Mosaicism across Human Tissues (SMaHT) Tissue Procurement Center.

Key Points:

The National Disease Research Interchange (NDRI) is pleased to announce its recovery network and program manager for the Somatic Mosaicism across Human Tissues (SMaHT) Tissue Procurement Center.
The SMaHT Network is an NIH Common Fund initiative that will provide the first comprehensive public resource for analyzing genetic variation due to somatic mosaicism in human tissues from all developmental layers in the human body.
NDRI, in collaboration with the University of Maryland School of Medicine and Johns Hopkins All Children’s Hospital, serve as the Tissue Procurement Center (TPC) for the SMaHT Network.
NDRI’s Organ Procurement Organization (OPO) partnerships for the SMaHT Network will include the Gift of Life Donor Program (Philadelphia, PA), ConnectLife (Williamsville, NY), and LifeGift (Houston, TX).

Five Star Electric Awarded $67 Million Systems Installation and Integration Package

Retrieved on:

Tuesday, February 6, 2024

Architecture, Transport, Commercial Building & Real Estate, Construction & Property, Building Systems, Public Transport, TPC, Tutor Perini, Development

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Five Star Electric, has been awarded a systems installation and integration project by the New York Metropolitan Transportation Authority (“MTA”) Construction and Development valued at approximately $67 million for the Connection-Oriented Ethernet, Phase 3C project.

Key Points:

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Five Star Electric, has been awarded a systems installation and integration project by the New York Metropolitan Transportation Authority (“MTA”) Construction and Development valued at approximately $67 million for the Connection-Oriented Ethernet, Phase 3C project.
The project scope of work includes the replacement of approximately 150,000 feet of fiber optic cable; interconnecting and integrating more than 360 branch sites into MTA’s network; connecting, testing and integrating existing service delivery switches at more than 150 branch sites; and integrating existing closed circuit television cameras at 125 stations to existing video management and physical security information management systems.
Work has recently commenced and substantial completion is anticipated in late 2028.
The contract value will be included in the Company’s backlog beginning in the fourth quarter of 2023.

Jani-King Southwest Sponsoring $100,000 Hole-in-One Contest at WM Phoenix Open

Retrieved on:

Monday, February 5, 2024

“The WM Phoenix Open has been our longest hospitality relationship and Jani-King Southwest has provided cleaning services at the event since 2008.”

Key Points:

“The WM Phoenix Open has been our longest hospitality relationship and Jani-King Southwest has provided cleaning services at the event since 2008.”
The Jani-King Spring Clean Challenge features longtime Jani-King playing ambassador Ryan Palmer along with fellow Tour veterans Joel Dahmen, J.T.
Dahmen, Schenk and Straka are participating in the WM Phoenix Open.
“Jani-King Southwest has been the commercial cleaning partner of the WM Phoenix Open for 16 years and have valued our opportunity to clean at this great event and network with the broader business community of Phoenix,” said Julie Robinson, Jani-King Southwest CEO.
Thunderbird Charities is a non-profit organization formed in 1986 to distribute monies raised through the WM Phoenix Open golf tournament.

New Analysis Reveals Key Insights Into Power BI/Direct Lake Performance and Scalability on Microsoft Fabric

Retrieved on:

Tuesday, January 30, 2024

The benchmarking study documents the following key insights:

Key Points:

The benchmarking study documents the following key insights:
The Power BI/Direct Lake connectivity to Microsoft Fabric behaves like a “lazy load” import alternative with all the same drawbacks and limitations as Power BI Import Mode.
Power BI/Direct Lake delivered exceptional performance on small data but struggled to scale as the data size and user concurrency increased.
When faced with larger data, Power BI Direct Lake triggered a fallback to DirectQuery mode, which slowed performance dramatically and caused extensive query timeouts.
Organizations considering Power BI/Direct Lake should carefully evaluate their data and operational needs to ensure that Power BI/Direct Lake can deliver results now and into the future.