UCT

Brennan and UCT Fluid Solutions Announce Strategic Partnership for Instrumentation Components

Retrieved on: 
Monday, March 25, 2024
Growth, Partnership, UCT, Renewable energy

SOLON, Ohio, March 25, 2024 /PRNewswire-PRWeb/ -- Brennan Industries, Inc. (Brennan), a leading manufacturer in hydraulic, pneumatic and instrumentation fittings, is pleased to announce a strategic partnership with UCT Fluid Solutions with the Ham-Let portfolio of products and solutions. Originating in Israel in 1950, UCT specializes in gas instrumentation fittings, valves, manifolds and innovative solutions designed for the ultra-high purity and process industries.

Key Points: 
  • Brennan announced a strategic partnership with UCT Fluid Solutions, integrating the Ham-Let portfolio of products and solutions.
  • Through this partnership, Brennan aims to enhance customer options and reinforce its commitment to delivering high-quality products and services.
  • SOLON, Ohio, March 25, 2024 /PRNewswire-PRWeb/ -- Brennan Industries, Inc. (Brennan), a leading manufacturer in hydraulic, pneumatic and instrumentation fittings, is pleased to announce a strategic partnership with UCT Fluid Solutions with the Ham-Let portfolio of products and solutions.
  • Explore how this partnership strengthens Brennan's position and reinforces its commitment to delivering quality hydraulic, pneumatic and instrumentation solutions.

Ultra Clean Recognized for Excellence by Texas Instruments

Retrieved on: 
Tuesday, March 19, 2024
Texas Instruments, UCT, TI, Social responsibility

HAYWARD, Calif., March 19, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced that it has received the Texas Instruments 2023 Supplier Excellence Award.

Key Points: 
  • HAYWARD, Calif., March 19, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced that it has received the Texas Instruments 2023 Supplier Excellence Award.
  • The annual award honors companies whose dedication and commitment in supplying products and services meet TI's high standards for excellence.
  • UCT is part of an elite group of suppliers chosen for their exemplary performance in the areas of cost, environmental and social responsibility, technology, responsiveness, assurance of supply and quality.
  • "As a supplier of ultra-high purity cleaning and coating services to Texas Instruments, we are very proud to have contributed significantly to TI's business success," said Bill Bentinck, President, UCT Services Division.

ARC Ltd. and Milliman Award Scholarships to Empower Africa's Next Generation of Climate Change Leaders

Retrieved on: 
Friday, February 23, 2024
Education, Environment, Sustainability, Environmental Policy, Environmental Issues, Climate Change, University, UCT, Drought, Weather, Research, Flood, Risk management, Milliman, ARC, Cultural diversity, Climate change, Creativity, Business administration, Ndlovu, Housing, Student, Management

The Africa Scholarship Programme aims to empower the next generation of leaders to drive solutions to Africa's climate threats.

Key Points: 
  • The Africa Scholarship Programme aims to empower the next generation of leaders to drive solutions to Africa's climate threats.
  • With limited resources, they are already driving change and making a real impact as young changemakers in their communities.
  • As ARC Ltd. CEO Lesley Ndlovu says: “The urgent need for Africa to develop leaders, including women leaders, well-versed in the complex challenges of climate change cannot be overstated.
  • These scholarships empower the next generation to gain the skills needed to drive climate resilience back home.”
    Milliman Inc.

Ultra Clean Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024
CFO, Acquisition, UCT, Webcast, Growth, Total, GAAP, Reinsurance

HAYWARD, Calif., Feb. 21, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reported its financial results for the fourth quarter and full year ended December 29, 2023.

Key Points: 
  • HAYWARD, Calif., Feb. 21, 2024 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reported its financial results for the fourth quarter and full year ended December 29, 2023.
  • "UCT executed well in the fourth quarter with results coming in as expected despite a dynamic business environment," said Jim Scholhamer, CEO.
  • "We are pleased with the execution of our plan to optimize our capital deployment strategy throughout 2023," said Sheri Savage, CFO.
  • Total gross margin was 16.0%, operating margin was 1.0%, and net loss was $(3.8) million or $(0.08) per diluted share.

Equisoft Continues Successful Implementation of its SaaS Policy Administration System for Guardian Life Limited (Jamaica)

Retrieved on: 
Tuesday, November 28, 2023
GLL, Servicemembers' Group Life Insurance, Policy, Senior, UCT, Automation, Partnership, Software as a service, Guardian Holdings Limited, Group Health Cooperative, Mobile phone, Management, Pension, Health

PORT OF SPAIN, Trinidad, PHILADELPHIA and MONTREAL, Nov. 28, 2023 /PRNewswire/ - Equisoft, a leading global digital solutions provider to the financial industry, is proud to announce the continuation of the successful implementation of its SaaS policy administration platform for Guardian Life Limited (Jamaica) ('GLL'), a member of Guardian Group, the region's largest insurance organization.

Key Points: 
  • PORT OF SPAIN, Trinidad, PHILADELPHIA and MONTREAL, Nov. 28, 2023 /PRNewswire/ - Equisoft, a leading global digital solutions provider to the financial industry, is proud to announce the continuation of the successful implementation of its SaaS policy administration platform for Guardian Life Limited (Jamaica) ('GLL'), a member of Guardian Group, the region's largest insurance organization.
  • The rapid deployment of this complex project required integrations with several internal and external systems.
  • "Implementing Equisoft/manage from our legacy systems enables us to launch products faster and consolidate multiple PAS into one modern system," says Eric Hosin, Group Head of Life, Health, and Pensions, Guardian Holdings Limited.
  • In the first phase of the project, Equisoft implemented the Equisoft/manage policy administration system for GLL's individual and Group Health products as well as Group Life products.

2U Signs 50 New Online Degrees with Six University Partners

Retrieved on: 
Friday, November 10, 2023
Online, Emerson College, Medicine, HPU, Oahu, Master of Science, TWOU, EdX, Education, Creativity, Social work, Master of Professional Studies, Workforce, University of Cape Town, ACPHS, Student, 2U, Public sector, Artificial intelligence, Appetite, Marketing, MSW, Professional studies, Cultural diversity, University, Maryville University, Biomedical sciences, School, MBA, Outline of health sciences, Partnership, Hawaii Pacific University, UNC, King's College London, Mental health, University of California, Davis, UC, Professional, UCT, Master, Dentistry, Tutoring, Nursing, Management, Data science, Optometry, Science, King, Computer security, Pharmacy

LANHAM, Md., Nov. 10, 2023 /PRNewswire/ -- 2U, Inc. (Nasdaq: TWOU), the company behind global online learning platform edX, today announced it has signed contracts with six universities to launch 50 new degree programs under the company's 'flex' degree partnership model, with the majority launching in 2024. The new online degrees will be offered by four new 2U partners–Albany College of Pharmacy and Health Sciences (ACPHS), Hawai'i Pacific University (HPU), King's College London, and Maryville University–and two existing 2U partners, Emerson College and University of Cape Town (UCT).

Key Points: 
  • The new online degrees will be offered by four new 2U partners– Albany College of Pharmacy and Health Sciences (ACPHS) , Hawai'i Pacific University (HPU) , King's College London , and Maryville University –and two existing 2U partners, Emerson College and University of Cape Town (UCT) .
  • "We have unprecedented demand for our flexible partnership model," said Andrew Hermalyn, President of Partnerships at 2U, the company behind edX.
  • Hawai'i Pacific University, a private, nonprofit institution on O'ahu renowned for its exceptional cultural diversity, is expanding its online program portfolio by introducing four master's degrees on edX.
  • Maryville University, a new 2U partner, will launch 47 online education programs on edX, including 28 undergraduate degrees, 11 graduate degrees, five undergraduate certificates, and three graduate certificates.

Celldex Reports Third Quarter 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Thursday, November 2, 2023
CSU, DLQI, Prurigo, Science, Survival, WCI, KIT, Research, Dermatology Life Quality Index, PN, Contingency, Congress, G&A, Work, B cell, PD-1, Cell, R, Quality of life, European Academy of Management, SD, Prurigo nodularis, Myelocyte, Disease, UCT, Eosinophilic esophagitis, Allergy, Georgia World Congress Center, ILT4, Therapy, Patient, Rockefeller University, SCF, Hypersensitivity, D, Pharmaceutical industry, Vaccine, Rare-earth element, Cryptocurrency, Dermatology

HAMPTON, N.J., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Celldex Therapeutics, Inc. (NASDAQ:CLDX) today reported financial results for the third quarter ended September 30, 2023 and provided a corporate update.

Key Points: 
  • - Phase 2 CSU enrollment complete; topline data by YE 2023 -
    HAMPTON, N.J., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Celldex Therapeutics, Inc. (NASDAQ:CLDX) today reported financial results for the third quarter ended September 30, 2023 and provided a corporate update.
  • Barzolvolimab is a humanized monoclonal antibody developed by Celldex that binds the KIT receptor with high specificity and potently inhibits its activity.
  • In July 2023, Celldex announced that enrollment to the CSU study (n=208) had been completed and that topline data is anticipated by the end of 2023.
  • Cash Position: Cash, cash equivalents and marketable securities as of September 30, 2023 were $235.3 million compared to $252.7 million as of June 30, 2023.

Ultra Clean Announces Departure of Chief Operating Officer

Retrieved on: 
Monday, October 30, 2023
Growth, UCT, Management

HAYWARD, Calif., Oct. 30, 2023 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced that Vijay Chinnasami, Chief Operating Officer, will be leaving UCT as of December 31, 2023.

Key Points: 
  • HAYWARD, Calif., Oct. 30, 2023 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today announced that Vijay Chinnasami, Chief Operating Officer, will be leaving UCT as of December 31, 2023.
  • "Over the past four and a half years, Vijay has made substantial contributions to UCT's growth by effectively diversifying and scaling our global business on many levels," said Jim Scholhamer, CEO.
  • "We sincerely thank Vijay for his leadership in implementing many strategic initiatives, integrating acquisitions, adding new global facilities, and spearheading industry-leading manufacturing automation solutions.
  • A search is underway for Mr. Chinnasami's replacement and an announcement will be made in due course.

UCT Acquires HIS Innovations Group

Retrieved on: 
Wednesday, October 25, 2023
HIS, Adjustment, Risk, Security (finance), Tax, Conversation, GAAP, Projection, Acquisition, Financial condition report, Gaming Innovation Group, Analysis, UCT, Depreciation, Bank

[1] 2023E figures reflect HIS Innovations Group management provided estimates.

Key Points: 
  • [1] 2023E figures reflect HIS Innovations Group management provided estimates.
  • HIS' "Adjusted EBITDA" is defined as net income (loss) plus provisions for (benefit from) taxes, interest expense, other expense (income), other infrequent or unusual items and depreciation.
  • The definition of HIS' Adjusted EBITDA used in this press release may not be comparable to the definitions as reported by other companies.
  • The company assumes no obligation to update the information in this press release, except as required by law.

Ultra Clean Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023
Environment, Net, Total, Webcast, GAAP, UCT, Reinsurance

HAYWARD, Calif., Oct. 25, 2023 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reported its financial results for the third quarter ended September 29, 2023.

Key Points: 
  • HAYWARD, Calif., Oct. 25, 2023 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reported its financial results for the third quarter ended September 29, 2023.
  • "As expected, UCT's Products revenue increased quarter over quarter, however, a decline in our higher-margin Services business impacted the bottom line," said Jim Scholhamer, CEO.
  • "Reduced efficiencies on unexpected lower volume, together with a higher-than-average tax rate in the quarter resulted in earnings below our guided range.
  • This compares to gross margin of 16.7%, operating margin of 5.0%, and net income of $7.1 million or $0.16 per diluted share in the prior quarter.