3.0

Latest Generation Alcatel-Lucent Enterprise Metro Ethernet Switches Now MEF-Certified

Retrieved on: 
Tuesday, April 2, 2024

Alcatel-Lucent Enterprise , a leading provider of communications, networking and cloud solutions tailored to customers’ industries, has been certified by Metro Ethernet Forum (MEF), the global industry association of network, cloud, and technology providers accelerating the digital transformation of enterprises, for its latest generation of Metro Ethernet switches.

Key Points: 
  • Alcatel-Lucent Enterprise , a leading provider of communications, networking and cloud solutions tailored to customers’ industries, has been certified by Metro Ethernet Forum (MEF), the global industry association of network, cloud, and technology providers accelerating the digital transformation of enterprises, for its latest generation of Metro Ethernet switches.
  • MEF is a global federation of network, cloud, and technology providers working together to empower enterprise digital transformation.
  • Stephan Robineau, EVP, Network Business Division, Alcatel-Lucent Enterprise commented: “Gaining MEF certification for our latest generation of ethernet switches is an important milestone for Alcatel-Lucent Enterprise and reflects our commitment to offering world-class network technology.
  • We look forward to continuing to support our Metro Ethernet customers and further empower enterprise digital transformation.”

LCI Industries Reports Fourth Quarter and Full Year Financial Results

Retrieved on: 
Tuesday, February 13, 2024

Consolidated net sales for the fourth quarter of 2023 were $837.5 million, a decrease of 6% from 2022 fourth quarter net sales of $894.3 million.

Key Points: 
  • Consolidated net sales for the fourth quarter of 2023 were $837.5 million, a decrease of 6% from 2022 fourth quarter net sales of $894.3 million.
  • Net loss in the fourth quarter of 2023 was $2.4 million, or $(0.09) per diluted share, compared to a net loss of $17.1 million, or $(0.68) per diluted share, in the fourth quarter of 2022.
  • EBITDA in the fourth quarter of 2023 was $35.6 million, compared to EBITDA of $10.2 million in the fourth quarter of 2022.
  • Fourth quarter and full year 2023 rates both benefited from a reduction in the effective state tax rate compared to fourth quarter and full year 2022.

UEI Announces Major Expansion to the UEI TIDE™ Family of Smart Thermostats

Retrieved on: 
Monday, January 8, 2024

UEI will provide a sneak-peak of their new line-up at their booth #52023 in the Smart Home Pavilion in the Venetian, at the 2024 International Consumer Electronics Show.

Key Points: 
  • UEI will provide a sneak-peak of their new line-up at their booth #52023 in the Smart Home Pavilion in the Venetian, at the 2024 International Consumer Electronics Show.
  • The newly expanded Smart Thermostat family will soon include several new product solutions that address major industry and consumer pain points.
  • Smart TRV: A smart thermostatic radiator valve that connects to any TIDE thermostat product to deliver smart, wireless control of the central heating system and/or in-room radiator heater.
  • “Our expansion of the UEI TIDE climate control family of products shows our commitment to our HVAC customers and the industry in general.

Apollo.io 3.0 Signals the Future of Go-to-Market with AI-Powered Assistance, Delivering 10x Sales Effectiveness

Retrieved on: 
Wednesday, November 8, 2023

SAN FRANCISCO, Nov. 8, 2023 /PRNewswire/ -- Today, Apollo.io, the leading go-to-market (GTM) solution, unveiled Apollo 3.0, an all-in-one platform offering AI-powered assistance across the entire deal funnel — transforming the way sales and marketing teams operate. This single, unified platform empowers revenue teams to prospect more efficiently, win more deals, improve results, and leverage AI-driven intelligence to streamline their go-to-market. By seamlessly integrating Apollo's rich B2B database and top-notch sales execution tools with data-driven guidance throughout the platform, businesses can tap into up to 40 percent more of their total addressable market (TAM). The announcement took place during Apollo's inaugural virtual event, Olympus 2023, where more than 20,000 people came together to experience the launch first-hand and gain invaluable insights to revolutionize their go-to-market strategy.

Key Points: 
  • In an exclusive Product Keynote, Apollo's Chief Product Officer Shek Viswanathan and Vice President of Product Krishan Patel demonstrated aspects of Apollo 3.0 that have made intelligent prospecting, customer engagement, and overall sales effectiveness 10x easier.
  • "Apollo 3.0 will be purpose-built for every role in sales and beyond to operate with greater speed and scale.
  • The vision we're beginning to deliver on today will transform sales and allow sales professionals to invest their time back into forming relationships with and delighting customers. "
  • Conversation Intelligence enhancements also bring new sales team coaching features to Apollo including call tagging, call libraries, keyword tracking, and scorecards.

SiteWorx Software Employees Acquire Ownership and Control of Company

Retrieved on: 
Monday, October 23, 2023

BOSTON, Oct. 23, 2023 (GLOBE NEWSWIRE) -- SiteWorx Software USA is excited to announce that a core group of employees have acquired majority ownership and operating control of the business after a successful restructuring by Guy Peckham’s investment group.

Key Points: 
  • BOSTON, Oct. 23, 2023 (GLOBE NEWSWIRE) -- SiteWorx Software USA is excited to announce that a core group of employees have acquired majority ownership and operating control of the business after a successful restructuring by Guy Peckham’s investment group.
  • SiteWorx Software will now operate exclusively out of the United States, with the support of all existing employees around the world.
  • After leading the software teams at Color Kinetics and then Digital Lumens, the top leadership role at SiteWorx Software is a logical next step.
  • SiteWorx delivers industry-leading control and monitoring functionalities, and SiteWorx Software is excited to cement this reputation in the broader market.

2024 Toyota Corolla Cross Hybrid Adds Blackout Beauty with Nightshade Edition

Retrieved on: 
Tuesday, September 26, 2023

Inside, Corolla Cross' spacious interior offers many of the same desirable features offered in its sedan and hatchback siblings.

Key Points: 
  • Inside, Corolla Cross' spacious interior offers many of the same desirable features offered in its sedan and hatchback siblings.
  • The 2024 Corolla Cross Hybrid is offered in the following interior color options:
    Standard across all Corolla Cross grades for 2024 is the Toyota Audio Multimedia system, with Wireless Apple CarPlay® and Android Auto™, and USB-C charge ports to keep all your devices ready for action.
  • Designed and engineered by Toyota's Texas-based Connected Technologies team, Corolla Cross drivers can enjoy a wide range of enhanced connectivity and convenience features with Over-the-Air (OTA) updates.
  • With further connectivity, the Corolla Cross has an available Wi-Fi Connect* subscription that offers 4G connectivity for up to five devices – turning the Corolla Cross into an AT&T Hotspot.

Auddia Announces Completion of faidr 3.0 and Provides M&A Update

Retrieved on: 
Wednesday, September 6, 2023

Michael Lawless, CEO, stated, “The entire Auddia team has been aimed at building faidr 3.0 across both the iOS and Android platforms all year.

Key Points: 
  • Michael Lawless, CEO, stated, “The entire Auddia team has been aimed at building faidr 3.0 across both the iOS and Android platforms all year.
  • We have also advanced our AI work aimed at adding an automated, consumer driven, commercial free podcast listening experience to faidr.
  • This is another industry first listening experience being introduced by Auddia that we are very excited about and believe holds the potential to drive a viral adoption moment for faidr.
  • Visit Auddia - Product Faidr for more information about faidr 3.0.

First PCI Express® 6.0 Interposer for OCP NIC 3.0 Devices

Retrieved on: 
Tuesday, May 16, 2023

MILPITAS, Calif. , May 16, 2023 /PRNewswire/ -- Teledyne LeCroy, the worldwide leader in protocol test solutions, announced availability of a PCI Express 6.0 Enterprise and Data Center Standard Form Factor (EDSFF) Open Compute Project (OCP) interposer module and Network Interface Card (NIC) 3.0 adapter kit, to be used with Teledyne LeCroy's PCIe protocol analyzers. 

Key Points: 
  • The specification utilizes the SFF-TA-1002 connector and enables any OCP NIC 3.0 card from any vendor to work in any OCP NIC 3.0 server.
  • Using the PCIe 6.0 EDSFF-OCP interposer and NIC 3.0 adapter kit in combination with a Teledyne LeCroy PCIe protocol analyzer, design and test engineers can test products that incorporate OCP NIC 3.0 with PCIe, NVM Express® (NVMe), or Compute Express Link™ (CXL) technologies, ensuring interoperability and performance.
  • The PCIe 6.0 OCP NIC 3.0 interposer consists of an interposer module and an OCP NIC 3.0 adapter kit.
  • The PCIe 6.0 OCP NIC 3.0 interposer can be ordered now:
    For more information on the PCIe 6.0 EDSFF-OCP interposer or NIC 3.0 adapter kit please contact Teledyne LeCroy at +1 (800) 909-7211 or visit our Interposers and Probes landing page.

Fossil Group, Inc. Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

RICHARDSON, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the first quarter ended April 1, 2023.

Key Points: 
  • RICHARDSON, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the first quarter ended April 1, 2023.
  • As a percentage of net sales, operating expenses were 60.9% in the first quarter of 2023 compared to 52.8% in the prior year first quarter.
  • Operating margin was (11.5)% in the first quarter of 2023 compared to (3.8)% in the prior year first quarter.
  • Adjusted operating margin was (7.7)% in the first quarter of 2023 compared to (3.0)% in the prior year first quarter.

RumbleOn Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

Total stock-based compensation was $2.9 million up from $2.1 million in the prior quarter.

Key Points: 
  • Total stock-based compensation was $2.9 million up from $2.1 million in the prior quarter.
  • Cash and Restricted Cash as of March 31, 2023 was approximately $61.8 million, and total debt was $376.8 million.
  • Total Available Liquidity, defined as unrestricted cash plus availability under floorplan credit facilities for inventory on hand at March 31, 2023, totaled approximately $97.4 million.
  • As of March 31, 2023, RumbleOn had 16,295,735 total shares of Class B common stock, and 50,000 shares of Class A common stock outstanding.