EVI

Used Aircraft Inventory Levels Continue Upward Trend

Retrieved on: 
Monday, April 8, 2024

LINCOLN, Neb., April 8, 2024 /PRNewswire/ -- Last month, Sandhills Global reported that used aircraft inventory levels were resuming an upward trend.

Key Points: 
  • LINCOLN, Neb., April 8, 2024 /PRNewswire/ -- Last month, Sandhills Global reported that used aircraft inventory levels were resuming an upward trend.
  • "Although the bulk of available used aircraft in the market is five years old or older, we've seen an uptick in used late-model aircraft inventory levels over the past few months," says Controller Department Manager Brant Washburn.
  • Inventory levels of used piston single aircraft decreased 1.53% M/M and 18.71% YOY in March and continue to trend downwards.
  • Inventory levels of used turboprop aircraft increased 8.33% M/M and 15.64% YOY and are now trending sideways.

Hume AI Announces $50 Million Fundraise and Empathic Voice Interface

Retrieved on: 
Wednesday, March 27, 2024

Hume AI (“Hume” or the “Company”), a startup and research lab building artificial intelligence optimized for human well-being, today announced it has raised a $50M Series B.

Key Points: 
  • Hume AI (“Hume” or the “Company”), a startup and research lab building artificial intelligence optimized for human well-being, today announced it has raised a $50M Series B.
  • In connection with the fundraise, Hume AI has released a beta version of its flagship product, an Empathic Voice Interface (EVI).
  • With a single API call, developers can integrate EVI into any application to create state-of-the-art voice AI experiences.
  • Sinai have demonstrated.”
    The growing Hume AI team currently comprises 35 leading researchers, engineers, and scientists advancing Dr. Cowen’s work on semantic space theory.

VulnCheck and Cyware Partner to Bolster Vulnerability Management

Retrieved on: 
Tuesday, March 5, 2024

VulnCheck , the exploit intelligence company, today announced a partnership with Cyware, the leader in threat intelligence management, security collaboration, and orchestrated response.

Key Points: 
  • VulnCheck , the exploit intelligence company, today announced a partnership with Cyware, the leader in threat intelligence management, security collaboration, and orchestrated response.
  • Cyware will also ship with VulnCheck KEV , its recently launched catalog of known exploited vulnerabilities, featuring 80% more CVEs than the CISA KEV.
  • Together, VulnCheck and Cyware bring an unprecedented level of intelligence-powered defense to automate vulnerability management and correlate against threat feeds, enabling enterprise security teams to prevent and respond to the exploits that matter most.
  • “Cyware is an incredible partner, and excels at turning threat intelligence into action,” said Anthony Bettini, founder and CEO, VulnCheck.

EVI Industries Announces Participation at Sidoti March Small-Cap Virtual Conference

Retrieved on: 
Wednesday, February 21, 2024

EVI Industries, Inc. (NYSE American: EVI) announced today that its Chairman and CEO, Henry M. Nahmad, will participate in the Sidoti March Small-Cap Virtual Conference.

Key Points: 
  • EVI Industries, Inc. (NYSE American: EVI) announced today that its Chairman and CEO, Henry M. Nahmad, will participate in the Sidoti March Small-Cap Virtual Conference.
  • Mr. Nahmad is scheduled to host one-on-one meetings with registered investors on March 13 and 14, 2024.
  • To schedule a one-on-one meeting, please contact the Sidoti Marketing & Events team at [email protected] .
  • EVI executes a buy-and-build strategy focused on long-term growth and shareholder value creation.

PHNIX Unleashes Innovation: Elevating Comprehensive Energy Solution at Milan MCE 2024

Retrieved on: 
Friday, March 8, 2024

After two years since the 2022 edition, PHNIX considers this year's MCE Exhibition as a pivotal moment in its 2024 calendar.

Key Points: 
  • After two years since the 2022 edition, PHNIX considers this year's MCE Exhibition as a pivotal moment in its 2024 calendar.
  • Since 2023, PHNIX has been introducing a comprehensive energy solution that integrates heating, cooling, and hot water services.
  • In 2024, the company will elevate and expand upon this solution, offering a hands-on experience through a dedicated experience cabin.
  • Building on the success of its VR showcase at the Chicago AHR Exhibition in January, PHNIX aims to elevate the VR experience for MCE attendees.

Aircraft Inventory Levels Resume Slow Ascent While Asking Values Remain Stable

Retrieved on: 
Wednesday, March 6, 2024

Inventory drawdowns are typical toward the end of each calendar year while inventory levels begin to grow in February and March.

Key Points: 
  • Inventory drawdowns are typical toward the end of each calendar year while inventory levels begin to grow in February and March.
  • "As used aircraft inventory levels regain their upward trend, asking values have remained steady year over year," says Controller Department Manager Brant Washburn.
  • This report includes detailed analysis of asking values and inventory trends in used aircraft markets along with charts that help readers visualize the data.
  • Despite a slight M/M increase of 2.53% in this category in February, inventory levels are trending down and were 18.19% lower YOY.

U.S. Used Planter Market Now Covered in Sandhills Global's Monthly Equipment, Truck, and Trailer Market Reports

Retrieved on: 
Tuesday, March 5, 2024

In its newest market reports, which now include a report dedicated to the U.S. used planter market, Sandhills observed a continuation of this trend.

Key Points: 
  • In its newest market reports, which now include a report dedicated to the U.S. used planter market, Sandhills observed a continuation of this trend.
  • The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI).
  • Sandhills market reports highlight the most significant changes in Sandhills' used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets.
  • Sandhills now offers a market report for the U.S. used planter market, which monitors trends among John Deere, Case IH, and Kinze planters.

EVI Industries Reports Record Second Quarter Results

Retrieved on: 
Friday, February 9, 2024

EVI Industries, Inc. (NYSE American: EVI) (“EVI” or the “Company”) announced today results for the three- and six-month periods ended December 31, 2023, including record revenue, gross profit, and operating cash flows.

Key Points: 
  • EVI Industries, Inc. (NYSE American: EVI) (“EVI” or the “Company”) announced today results for the three- and six-month periods ended December 31, 2023, including record revenue, gross profit, and operating cash flows.
  • The Company also provided commentary on its results of operations, financial strength, growth initiatives, and the status of its technology investments.
  • This record level of operating cash flows follows the payment of a special cash dividend on the Company’s common stock of $0.28 per share, or $4.1 million in the aggregate, paid during the second fiscal quarter.
  • In this press release, EVI discloses the non-GAAP financial measure of EBITDA, which EVI defines as earnings before interest, taxes, depreciation, amortization, and amortization of share-based compensation.

Aircraft Values Hold Steady During Seasonal Inventory Decreases

Retrieved on: 
Tuesday, February 6, 2024

LINCOLN, Neb., Feb. 6, 2024 /PRNewswire/ -- In its newest aviation market reports, Sandhills Global observes that aircraft asking values are remaining steady following seasonal inventory drawdowns.

Key Points: 
  • LINCOLN, Neb., Feb. 6, 2024 /PRNewswire/ -- In its newest aviation market reports, Sandhills Global observes that aircraft asking values are remaining steady following seasonal inventory drawdowns.
  • "For jets and piston single aircraft in particular, we expect used inventory to regain some of those seasonal losses over the next few months."
  • Sandhills observed significant decreases in used piston single aircraft inventory levels in January, down 10.83% M/M and 20.1% YOY.
  • As seen in the used piston single category, inventory levels of used turboprop aircraft showed a significant decrease in M/M inventory levels at 15.28%.

Late-Model Inventory Accumulating on Dealers' Lots as More New Equipment Enters the Market

Retrieved on: 
Tuesday, February 6, 2024

The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI).

Key Points: 
  • The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI).
  • The Sandhills EVI data include equipment available in auction and retail markets, as well as model year equipment actively in use.
  • Sandhills market reports highlight the most significant changes in Sandhills' used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets.
  • Sandhills has observed pronounced growth in late-model farm equipment availability as new equipment enters the market.