NORTHVILLE, Mich., Nov. 26, 2024 /PRNewswire/ -- Cooper Standard (NYSE: CPS) has been recognized as a 2024 Society of Plastics Engineers (SPE) Automotive Innovation Award winner in the powertrain category for its plastic coolant hub. Cooper Standard received the award during the 53rd annual SPE Innovation Awards Competition and Gala, held Nov. 13 in Livonia, Mich. Cooper Standard’s plastic coolant hub technology named SPE® Automotive Innovation Award Powertrain Category Winner "We are honored that our ...

Tenet and Dext Announce Strategic Partnership to Bring Bookkeeping Automation to Cubeler Business HubNovember 22, 2024 7:30 AM EST | Source: Tenet Fintech Group Inc.Toronto, Ontario and London, United Kingdom--(Newsfile Corp. - November 22, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, and Dext Software Ltd. ("Dext"), the global leader in bookkeeping automation so ...

Tenet Releases Full Versions of Networking and Advertising Modules of Business Hub Following Beta LaunchNovember 19, 2024 7:30 AM EST | Source: Tenet Fintech Group Inc.Toronto, Ontario--(Newsfile Corp. - November 19, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTCQB: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, is pleased to announce that it has deployed a new version of the Business Hub that includes full versio ...

La Verde comprises significant historical open pit workings, where shallow porphyry copper oxide mineralisation was previously exploited by private interests across a strike extent of approximately 800m, widths of up to 200m and depths of up to 15m.  Historical drilling was limited to the surrounding leases, with little to no drilling undertaken across the mine area. Importantly, La Verde sits in the centre of Hot Chili's recently consolidated and larger Domeyko landholding, secured in an Option Agreement ...

Pioneering research into the risks and benefits of digital life to help society prepare for the AI-era and beyondNews summary: Cisco and the OECD launch the Digital Well-being Hub to holistically study technology's impact on well-being and shape inclusive digital policies. The Hub explores the effects of digital transformation on people's well-being by crowdsourcing insights including life satisfaction, mental health, AI tools and ethics, digital skills, cyber safety, civic engagement, climate consciousness ...

The Wynn Al Marjan Island will be the Middle East's first casino resortWynn Al Marjan IslandConstruction of deluxe resorts is nothing new in the United Arab Emirates. The Middle Eastern country is already home to almost every leading luxury hotel chain with new ones on the way from global giants such as St. Regis and Ritz-Carlton, as well as boutique brands like Nobu, Six Senses and even one themed to crystal manufacturer Baccarat. However, one resort is generating even more buzz than the others.It isn't in ...

Revenue Performance - Total operating revenue decreased by 4% to $986.9 million in Q3 2024 from $1,024.8 million in Q3 2023[35] - Intermodal and Transportation Solutions (ITS) revenue decreased by 6% to $560 million, primarily due to a 17% decline in intermodal revenue per load[38] - Logistics revenue remained consistent at approximately $461 million, with operating income decreasing to $19 million from $29 million in the previous year[39] - Total consolidated operating revenue decreased 8% to $2,973 million in 2024 from $3,218 million in 2023[52] - Intermodal and Transportation Solutions revenue decreased 13% to $1,673 million, with a 17% decrease in intermodal revenue per load[53] - Logistics revenue increased 1% to $1,400 million, driven by final mile acquisition[53] Income and Expenses - Net income decreased to $23.6 million in Q3 2024 from $30.5 million in Q3 2023, representing 2.5% of revenue[40] - Total operating income decreased to $108 million, 3.7% of revenue, compared to $183 million, 5.7% of revenue in 2023[54] - Net income decreased to $80 million, 2.7% of revenue, compared to $139 million, 4.3% of revenue in 2023[54] - Salaries and benefits increased to $143 million in 2024 from $139 million in 2023, representing 14.5% of revenue[42] - Salaries and benefits increased to $429 million, 14.4% of revenue, up from 13.0% in 2023[55] - Depreciation and amortization expense decreased to $32 million in 2024 from $36 million in 2023, accounting for 3.3% of revenue[43] - Depreciation and amortization expense increased to $108 million, 3.6% of revenue, from 3.3% in 2023[56] - General and administrative expenses increased to $30 million in 2024 from $24 million in 2023, representing 3.0% of revenue[45] Cash Flow and Capital Expenditures - Cash provided by operating activities decreased to $194 million in 2024 from $323 million in 2023[63] - Capital expenditures decreased by approximately $62 million in 2024, totaling $43 million[63] - As of September 30, 2024, the company had $186 million in cash and cash equivalents[61] Acquisitions - The company acquired 100% of Forward Air Final Mile for a total consideration of $257.2 million, with $260.9 million paid in cash in December 2023[31] Customer Concentration - The top 50 customers accounted for approximately 71% of revenue for the nine months ended September 30, 2024[33]

For the quarter ended September 2024, Hub Group (HUBG) reported revenue of $986.89 million, down 3.7% over the same period last year. EPS came in at $0.52, compared to $0.49 in the year-ago quarter. The reported revenue represents a surprise of -9.67% over the Zacks Consensus Estimate of $1.09 billion. With the consensus EPS estimate being $0.49, the EPS surprise was +6.12%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Hub Group (HUBG) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 6.12%. A quarter ago, it was expected that this transportation management company would post earnings of $0.48 per share when it actually produced earnings of $0.47, delivering a surprise of -2.08%. Over the last four qu ...

Highlights: GAAP diluted earnings per share (EPS) of $0.39 and revenue of $1.0 billion for the third quarter Non-GAAP adjusted EPS of $0.52, which excludes adjustments for a network alignment initiative and transaction related expenses in the quarter Quarterly operating income of $32 million or 3.3% of revenue, adjusted operating income (nonGAAP) of $42 million or 4.3% of revenue Returned $91 million to shareholders year-to-date through stock repurchases of $68 million, including $35 million in the third qu ...