National Keelung Commercial & Industrial Vocational Senior High School

Generac Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

WAUKESHA, Wis., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its third quarter ended September 30, 2023 and provided an update on its outlook for the full year 2023.

Key Points: 
  • WAUKESHA, Wis., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its third quarter ended September 30, 2023 and provided an update on its outlook for the full year 2023.
  • Net sales decreased 2% to $1.07 billion during the third quarter of 2023 as compared to $1.09 billion in the prior-year third quarter.
  • During the third quarter of 2023, the company repurchased 875,580 shares of its common stock for $100 million under its current share repurchase program.
  • Generac management will hold a conference call at 10:00 a.m. EDT on Wednesday, November 1, 2023 to discuss third quarter 2023 operating results.

Stock Yards Bancorp Reports Solid Third Quarter Earnings of $27.1 Million or $0.92 Per Diluted Share

Retrieved on: 
Wednesday, October 25, 2023

LOUISVILLE, Ky., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today reported earnings of $27.1 million, or $0.92 per diluted share, for the third quarter ended September 30, 2023. This compares to net income of $28.5 million, or $0.97 per diluted share, for the third quarter of 2022. The results for the third quarter of 2023 were highlighted by near-record loan growth, linked quarter deposit growth and strong levels of non-interest income.

Key Points: 
  • “Total loans, excluding PPP loans, increased $559 million, or 11%, over the last 12 months, of which $201 million was achieved during the third quarter.
  • In addition, Wealth Management and Trust (“WM&T) had another strong quarter, with net new business growth outweighing unfavorable market conditions.
  • Deposit balances increased $194 million, or 3%, on the linked quarter, as interest bearing deposits increased $246 million and non-interest bearing deposits contracted by $51 million.
  • Non-interest income increased $36,000 to $22.9 million on the linked quarter, consistent with expansion in treasury management fees and card income.

Sandy Spring Bancorp Reports Third Quarter Earnings of $20.7 Million

Retrieved on: 
Tuesday, October 24, 2023

Current quarter core earnings were $27.8 million ($0.62 per diluted common share), compared to $27.1 million ($0.60 per diluted common share) for the quarter ended June 30, 2023 and $35.7 million ($0.80 per diluted common share) for the quarter ended September 30, 2022.

Key Points: 
  • Current quarter core earnings were $27.8 million ($0.62 per diluted common share), compared to $27.1 million ($0.60 per diluted common share) for the quarter ended June 30, 2023 and $35.7 million ($0.80 per diluted common share) for the quarter ended September 30, 2022.
  • Net interest income for the third quarter of 2023 declined $5.4 million or 6% compared to the previous quarter and $27.9 million or 25% compared to the third quarter of 2022.
  • Provision for credit losses directly attributable to the funded loan portfolio for the current quarter was $3.2 million compared to $4.5 million in the previous quarter and $14.1 million in the prior year quarter.
  • Total net charge-offs for the current quarter amounted to $0.1 million compared to $1.8 million for the second quarter of 2023 and $0.5 million of net recoveries for the third quarter of 2022.

SigenStor by Sigenergy: A New Era in Residential and C&I Energy Efficiency in the UK

Retrieved on: 
Tuesday, October 17, 2023

SigenStor represents the world's first 5-in-1 energy storage system, seamlessly integrating Battery PCS, Battery Pack, EV DC Charger, PV Inverter, and EMS, solidifying its position as a market leader.

Key Points: 
  • SigenStor represents the world's first 5-in-1 energy storage system, seamlessly integrating Battery PCS, Battery Pack, EV DC Charger, PV Inverter, and EMS, solidifying its position as a market leader.
  • Tony Xu, Founder and CEO of Sigenergy, emphasized, "We stand at the cusp of a transformative era.
  • In a landscape where electric vehicle (EV) adoption in the UK has surged, the demand for high-speed charging has become paramount.
  • Sigenergy's solution, SigenStor, ingeniously integrates an EV DC charging module within the energy storage system, enabling a remarkable 90 miles of driving range per hour, entirely fueled by clean, green energy.

SERMATEC Exhibits Innovative Energy Storage Technology at ZeroEmission Mediterranean 2023 in Rome, Empowering Europe to Achieve Carbon Neutrality Goals

Retrieved on: 
Thursday, October 12, 2023

ROME, Oct. 12, 2023 /PRNewswire/ -- SERMATEC , a leader in the energy storage industry, is making its much-anticipated first appearance at ZeroEmission Mediterranean 2023 in the Rome Exhibition Center at booth B18 C17 from October 10-12, 2023, exhibiting its cutting edge commercial and industrial, and residential energy storage systems (ESS).

Key Points: 
  • ROME, Oct. 12, 2023 /PRNewswire/ -- SERMATEC , a leader in the energy storage industry, is making its much-anticipated first appearance at ZeroEmission Mediterranean 2023 in the Rome Exhibition Center at booth B18 C17 from October 10-12, 2023, exhibiting its cutting edge commercial and industrial, and residential energy storage systems (ESS).
  • Building on the momentum from the exhibition, SERMATEC is thrilled to showcase its standout product to the European market.
  • Extending its expertise to cater to residential energy users, SERMATEC also showcased its Residential High and Low Voltage Stackable Energy Storage Systems, Household Photovoltaic Energy Storage Inverter.
  • Given the UN's carbon goals and Europe's increasingly stringent carbon tax policies, we hope to contribute to global energy conservation.

Telyon announces investment from Greenbacker Capital Management

Retrieved on: 
Tuesday, August 22, 2023

NEW YORK, Aug. 22, 2023 /PRNewswire/ -- Telyon, a Connecticut based renewable energy development firm, announced today that it has finalized a strategic investment that will fuel continued growth and execution capabilities of its current and future pipeline of projects across the country. As part of the deal, Telyon has sold a significant minority stake of the company to a New York City-based private equity fund affiliated with Greenbacker Capital Management ("Greenbacker").

Key Points: 
  • Greenbacker makes a strategic equity investment in Telyon, a Connecticut-based renewable energy developer and leader in the Commercial & Industrial space.
  • As part of the deal, Telyon has sold a significant minority stake of the company to a New York City-based private equity fund affiliated with Greenbacker Capital Management ("Greenbacker").
  • "We're thrilled to have completed this transaction with the Greenbacker team," said Andrew Chester, CEO of Telyon.
  • "This investment allows Telyon to grow exponentially in the coming years, expand our platform's reach and continue to meet the complex and ever-changing renewable needs of our customers.

EQS-News: Photon Energy Group Reports Financial and Operational Results for the First Half of 2023

Retrieved on: 
Tuesday, August 22, 2023

Unaudited consolidated EBITDA dropped to EUR 2.833 million compared to EUR 10.142 million a year earlier, down by 72.1% YoY.

Key Points: 
  • Unaudited consolidated EBITDA dropped to EUR 2.833 million compared to EUR 10.142 million a year earlier, down by 72.1% YoY.
  • Amsterdam – 21 August 2023 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (the ‘Group’ or the ‘Company’) announced unaudited financial results as of and for the six months ended June 30, 2023, as well as recent operational developments.
  • The Group completed and grid-connected its first Romanian PV power plants with a total installed capacity of 22.1 MWp.
  • Current 2023 revenue expectations compared to 2022 consolidated revenues of EUR 95.1 million translate into a 15.6% increase YoY.

IES Holdings Reports Fiscal 2023 Third Quarter Results

Retrieved on: 
Friday, August 4, 2023

HOUSTON, Aug. 04, 2023 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended June 30, 2023.

Key Points: 
  • HOUSTON, Aug. 04, 2023 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES” or the “Company”) (NASDAQ: IESC) today announced financial results for the quarter ended June 30, 2023.
  • Revenue of $584 million for the third quarter of fiscal 2023, an increase of 3% compared with $567 million for the same quarter of fiscal 2022
    Operating income of $34.3 million for the third quarter of fiscal 2023, compared with $15.6 million for the same quarter of fiscal 2022
    Net income attributable to IES of $22.5 million for the third quarter of fiscal 2023, compared with $9.5 million for the same quarter of fiscal 2022, and diluted earnings per share attributable to common stockholders of $0.81 for the third quarter of fiscal 2023, compared with $0.33 for the same quarter of fiscal 2022
    Adjusted net income attributable to IES (a non-GAAP financial measure, as defined below) of $27.9 million for the third quarter of fiscal 2023, compared with $12.1 million for the same quarter of fiscal 2022, and diluted adjusted earnings per share attributable to common stockholders of $1.08 for the third quarter of fiscal 2023, compared with $0.46 for the same quarter of fiscal 2022
    Remaining performance obligations, a GAAP measure of future revenue to be recognized from current contracts with customers, of approximately $1.1 billion as of June 30, 2023
    Backlog (a non-GAAP financial measure, as defined below) of approximately $1.5 billion as of June 30, 2023
    “We are pleased with our financial performance for the third quarter of fiscal 2023," said Jeff Gendell, Chairman and Chief Executive Officer.
  • Our Commercial & Industrial segment’s revenue was $67.8 million in the third quarter of fiscal 2023, compared with $81.0 million in the third quarter of fiscal 2022.
  • Segment operating income for the third quarter of fiscal 2023 was $2.6 million, compared with $0.3 million for the third quarter of fiscal 2022.

Mobile Robots Market worth $40.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, July 20, 2023

Professional robots are expected to account for the largest share of the mobile robots market during the forecast period.

Key Points: 
  • Professional robots are expected to account for the largest share of the mobile robots market during the forecast period.
  • Professional robots are mainly adopted for autonomous ground vehicles (AGVs), agriculture robots, forestry robots, diagnostic robots, rehabilitation systems, and other medical robots are expected to gain a larger market share in the mobile robots market as they cater to the growing demand for efficient, intelligent, and specialized robotic solutions in various sectors.
  • Cleaning application is projected to account for significant share of mobile robots market during the forecast period.
  • The need for efficient and effective cleaning solutions in diverse industries and environments is driving the increasing demand for cleaning mobile robots.

Mobile Robots Market worth $40.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, July 20, 2023

Professional robots are expected to account for the largest share of the mobile robots market during the forecast period.

Key Points: 
  • Professional robots are expected to account for the largest share of the mobile robots market during the forecast period.
  • Professional robots are mainly adopted for autonomous ground vehicles (AGVs), agriculture robots, forestry robots, diagnostic robots, rehabilitation systems, and other medical robots are expected to gain a larger market share in the mobile robots market as they cater to the growing demand for efficient, intelligent, and specialized robotic solutions in various sectors.
  • Cleaning application is projected to account for significant share of mobile robots market during the forecast period.
  • The need for efficient and effective cleaning solutions in diverse industries and environments is driving the increasing demand for cleaning mobile robots.