EL MONTE, Calif., Sept. 10, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that Erica Wei, its Chief Financial Officer, will present at Sidoti’s Small Cap Virtual Conference on Wednesday, September 17, 2025, at 11:30 a.m. ET/8:30 a.m. PT. The presentation will be webcast at https://investors.gigacloudtech.com/ and will be available for replay for 90 days afte ...

Core Insights - Daktronics, Inc. reported strong financial performance for the first quarter of fiscal 2026, with significant order growth and profitability improvements driven by strategic initiatives and market demand [1][3][5] Financial Performance - Operating profit for the quarter was $23 million, with an operating margin of 10.6% [1][12] - Net income reached $16.5 million, a significant recovery from a net loss of $4.9 million in the same quarter last year [5][8] - Sales totaled $219 million, reflecting a 3.1% decrease year-over-year but a 26.9% increase sequentially from the previous quarter [10][26] - Gross profit margin improved to 29.7%, up from 26.4% a year earlier, due to manufacturing efficiencies and a higher-margin product mix [11][26] Orders and Backlog - Total orders for the quarter increased by 35.4% year-over-year, reaching $238.5 million, marking the third highest quarterly orders in the company's history [5][9] - Product backlog grew to $360.3 million, up from $267.2 million in the same quarter last year [5][26] Cash Flow and Capital Management - Operating cash flow was $26.1 million, a 34% increase from the previous year, with $10.7 million allocated for share repurchases [3][18] - The company maintained a strong cash position with an ending cash balance of $137 million [1][16] Strategic Initiatives - Daktronics is focused on business and digital transformation, aiming for 7-10% sales growth and 10-12% operating margin over the next three years [1][4] - The company is implementing a tiered product strategy and enhancing capabilities in sales, fulfillment, and support [4][6] Market Demand and Growth Areas - Demand remains strong, particularly in Live Events, High School Park and Recreation, and International markets, with notable order growth in these segments [3][9] - The company has successfully captured large orders in major league stadium projects and continues to expand its international presence [3][9]

LAS VEGAS, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today opened U.S. pre-orders for its next-generation electric vehicle (EV) charger, the IQ® EV Charger 2. The new smart charger is designed to work seamlessly with Enphase solar and battery systems or as a powerful standalone charger. With advanced energy management features, the charger can support increased ...

Highlights Landmark multi year agreement strengthens UFC GYM and MMA.INC alliance, supporting the global rollout of 45 new gyms in 2025 and accelerating the expansion of UFC GYM’s high growth BJJ program, powered by MMA.INC’s category leading software.BJJLink.com is the definitive “all in one” operating system for martial arts first businesses, optimizing member management and engagement, driving revenue growth and unlocking scalable monetization for franchisees.Builds on MMA.INC and UFC GYM’s broader strat ...

Newton Golf Welcomes Addison Kloch Rising junior star and CSU Fullerton commit joins the Newton team as an affiliated athlete. CAMARILLO, Calif., Sept. 10, 2025 (GLOBE NEWSWIRE) -- via IBN – Newton Golf Company (NASDAQ: NWTG), a technology-forward golf company delivering performance-driven innovations through physics-based engineering, proudly announces that Addison Kloch, one of Southern California’s top junior golfers, has officially joined the Newton Golf team as an affiliated athlete. A member of th ...

Latest iteration of proprietary cash flow underwriting engine approximately doubles inputs to optimize credit outcomesLos Angeles, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced the full implementation of CashAI v5.5, the latest advancement in the Company’s AI-driven, cash flow underwriting engine. v5.5 nearly doubles CashAI’s feature set versus prior models and optimizes around Dave’s new fee structure. Given the ...

MATAWAN, N.J., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the “Company”) announced today that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. (“K. Hovnanian”), intends to offer, subject to market conditions $450 million aggregate principal amount of Senior Notes due 2031 and $450 million aggregate principal amount of Senior Notes due 2033 in a private placement (collectively, the “Notes”). The Notes will be guaranteed by the Company and substantially all of its s ...

Chinese automaker BYD is putting on an impressive show at this year’s IAA Mobility in Munich, underscoring its ambitions in Europe with a wide array of events, exhibits, and test drives. MUNICH, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Chinese automaker BYD is putting on an impressive show at this year’s IAA Mobility in Munich, underscoring its ambitions in Europe with a wide array of events, exhibits, and test drives. MariaGrazia Davino, BYD’s regional managing director, described the company’s presence ...

TORONTO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that Abaxx Exchange and Zhonggong Petroleum & Natural Gas Co., Ltd. (“Zhonggong”), a fast-gro ...

200 Mega Watt Hour Project Successful BidTORONTO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Sparton Resources (TSX-SRI-V), (“the Company”), is pleased to report news from VRB China. It was announced September 5, 2025, that Beijing Puneng Century Technology Co. Ltd. (“BJP”) has successfully won the bid to construct a 50 Megawatt, 200-Megawatt Hour all-vanadium liquid flow battery energy storage power station in Longzhouping Town, Changyang, Hubei Province PRC. This announcement marks a significant milestone in the ...