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Ingersoll Rand Leads $19M Financing Round for Inkbit to Advance Multi-Functional Additive Manufacturing
Prnewswire· 2024-05-06 17:33
MEDFORD, Mass., May 6, 2024 /PRNewswire/ -- Inkbit™, a pioneer in advanced additive manufacturing solutions, announced today the closing of a $19M financing round led by Ingersoll Rand (NYSE: IR), with participation from Future Labs Capital, GC Ventures America, iGlobe Partners, Ocado, Phoenix Venture Partners, Stratasys, Zeon Ventures, and other private investors. As part of the transaction, Jason Weber, Vice President of Engineering, Compressor Systems and Services, North America, and Henry Ford III, Dire ...
Ingersoll Rand(IR) - 2024 Q1 - Quarterly Report
2024-05-03 20:02
Table of Contents UNITED STATES SECURITIES COMMISSION | --- | --- | |-------|------------------------------------------------------------------| | | | | | AND EXCHANGE Washington, D.C. 20549 ____________________________ | | | FORM 10-Q | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________to ...
Ingersoll Rand(IR) - 2024 Q1 - Earnings Call Presentation
2024-05-03 17:06
Q1 2024 Earnings Presentation Making Life Better Forward-Looking Statements This presentation by Ingersoll Rand Inc. (the “Company” or “Ingersoll Rand”) contains “forward-looking statements” within th ...
Ingersoll Rand(IR) - 2024 Q1 - Earnings Call Transcript
2024-05-03 17:05
Ingersoll Rand Inc. (NYSE:IR) Q1 2024 Earnings Conference Call May 3, 2024 8:00 AM ET Company Participants Vicente Reynal - Chairman, Chief Executive Officer Vikram Kini - Chief Financial Officer Matthew Fort - Vice President of Investor Relations Conference Call Participants Mike Halloran - Baird Julian Mitchell - Barclays Jeff Sprague - Vertical Research Partners Rob Wertheimer - Melius Research Joe Ritchie - Goldman Sachs Andy Kaplowitz - Citigroup Nigel Coe - Wolfe Research Joe O'Dea - Wells Fargo Nath ...
Ingersoll Rand(IR) - 2024 Q1 - Quarterly Results
2024-05-02 20:32
1 Ingersoll Rand Reports Record First Quarter 2024 Revenue, Adjusted EBITDA, and Adjusted EPS Performance Raises Total Company Adjusted EBITDA and Adjusted EPS Guidance First Quarter 2024 Highlights (All comparisons against the first quarter of 2023 unless otherwise noted.) Strong performance driven by its competitive differentiator - Ingersoll Rand Execution Excellence (IRX): • First quarter orders of $1,707 million, down 4%, or down 7% organic ◦ On a two-year stack, up 5%, or up 1% organic • Reported firs ...
Should You Buy Ingersoll Rand (IR) Ahead of Earnings?
Zacks Investment Research· 2024-05-01 14:51
Investors are always looking for stocks that are poised to beat at earnings season and Ingersoll Rand Inc. (IR) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Ingersoll Rand is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty g ...
Ingersoll Rand (IR) to Post Q1 Earnings: Is a Beat in Store?
Zacks Investment Research· 2024-05-01 13:35
Ingersoll Rand Inc. (IR) is scheduled to release first-quarter 2024 results on May 2, after market close.The company has a stellar earnings surprise history, having outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 15.9%. Its bottom line surpassed the Zacks Consensus Estimate by 13.2% in the last reported quarter.Let’s see how things have shaped up for Ingersoll Rand this earnings season.Key Factors and Estimates for Q1Solid demand and higher orders wit ...
3 Reasons Why Growth Investors Shouldn't Overlook Ingersoll (IR)
Zacks Investment Research· 2024-04-26 17:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the he ...
Is Ingersoll (IR) a Solid Growth Stock? 3 Reasons to Think "Yes"
Zacks Investment Research· 2024-04-10 17:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Z ...
Reasons Why Ingersoll Rand (IR) Should be in Your Portfolio
Zacks Investment Research· 2024-04-09 14:26
Ingersoll Rand Inc. (IR) stands to benefit from strength across its businesses, solid product offerings, strategic acquisitions and a sound capital-deployment strategy.Image Source: Zacks Investment ResearchThis Zacks Rank #2 (Buy) company has a market capitalization of $37.9 billion. In the past six months, the stock has risen 45.3% compared with the industry’s growth of 30.7%.Let’s delve into the factors that make this company investment-worthy at the moment.Strength in Businesses: Ingersoll Rand continue ...