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Blink Charging Announces Workforce Reduction to Accelerate BlinkForward Initiative and Strengthen Global Market Position
Globenewswire· 2025-05-19 12:05
Core Viewpoint - Blink Charging Co. is implementing a strategic restructuring plan aimed at enhancing operational efficiencies and positioning the company for long-term growth and profitability in the evolving global market [1][3]. Workforce Reduction - The company plans to reduce its global workforce by approximately 20% to streamline operations and align resources with its strategic priorities, which is expected to yield annualized savings of over $11 million [2]. - The estimated costs related to this workforce reduction will be between $1 million and $1.5 million, covering cash severance and other restructuring costs, with completion expected by the end of Q3 2025 [2]. BlinkForward Initiative - The BlinkForward initiative reflects the company's commitment to innovation and efficiency, aiming to create a more focused and agile organization that can respond to market dynamics and seize growth opportunities [3]. - This initiative prioritizes sustainable innovation, customer-centric solutions, and enhanced shareholder value [3]. Leadership Statement - The President & CEO of Blink emphasized that the restructuring is a proactive measure to build a more efficient organization aligned with strategic goals, ensuring long-term success [4]. - The company is committed to supporting affected employees through severance packages and outplacement services [4]. Competitive Positioning - The strategic realignment under the BlinkForward initiative is expected to strengthen the company's competitive positioning, improve financial performance, and lay a solid foundation for future innovation and market leadership [5]. Company Overview - Blink Charging Co. is a global leader in electric vehicle charging equipment and services, providing innovative solutions for drivers, hosts, and fleets to transition to electric transportation [6]. - The company's offerings include EV charging networks, equipment, and services, utilizing proprietary cloud-based software for operation and maintenance [6].
SPIE - Press release - SPIE plans to issue a benchmark sustainability-linked bond
Globenewswire· 2025-05-19 09:22
Cergy, le 19 mai 2025 SPIE annonce un projet d’émission obligataire au format Sustainability-linked de taille benchmark à maturité 5 ans et procédera ce jour et demain à des conférences téléphoniques avec des investisseurs obligataires dans cette perspective. Le Groupe a par ailleurs l’intention de rembourser en conséquence son emprunt obligataire émis en 2019 d’un montant de 600 millions d’euros. À propos de SPIESPIE est le leader européen indépendant des services multi-techniques dans les domaines de l’én ...
Valeo announces a new green bond issue for an amount of 650 million euros with maturity May 2031
Globenewswire· 2025-05-13 17:58
Valeo announces a new green bond issue for an amount of 650 million euros with maturity May 2031 Paris, May 13, 2025 - Valeo announced the placement of new green bonds maturing May 20, 2031 for an amount of 650 million euros. This issue raised 650 million euros in bonds maturing in 6 years with a coupon of 5.125%. BNP Paribas, Crédit Agricole CIB, CIC, Helaba, ING and Mizuho and acted as Joint Active Bookrunners. The net proceeds of the transaction will be used for financing projects and investments linked ...
TDC NET A/S – Final Terms for EUR 500,000,000 Sustainability-Linked Notes due 2032
Globenewswire· 2025-05-08 08:56
TDC NET A/S – Final Terms for EUR 500,000,000 Sustainability-Linked Notes due 2032 NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES. NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY PERSON IN ANY JURISDICTION WHERE RELEASE, PUBLICATION OR DISTRIBUTION TO SUCH PERSON IS RESTRICTED BY ANY LAW OR REGULATION APPLICABLE IN SUCH JURISDICTION. THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL OR ISSUE OR INVITATION TO PURCHASE OR SUBSC ...
Astera Labs, Inc.(ALAB) - 2025 Q1 - Earnings Call Transcript
2025-05-06 21:32
Financial Data and Key Metrics Changes - Astera Labs reported quarterly revenues of $159.4 million, representing a 13% increase from the previous quarter and a 144% increase compared to Q1 of the previous year [8][25]. - Non-GAAP gross margins for Q1 were 74.9%, slightly up from the previous quarter, with non-GAAP operating margins at 33.7% [26]. - The company ended the quarter with cash, cash equivalents, and marketable securities totaling $925 million [27]. Business Line Data and Key Metrics Changes - The Ares product family continues to see strong demand, diversifying across GPU and custom ASIC-based systems [8]. - The Taurus product family demonstrated strong growth, driven by deployments in AI and general-purpose systems [8]. - Scorpio PCD switches and 86 retimers are expected to shift from preproduction to volume production in late Q2 [9]. Market Data and Key Metrics Changes - The company is well-positioned to address the emerging opportunity associated with the ULE Link specification, which supports 200 gig per lane connections [12]. - The transition to PCIe 6 and the expected ramp in CXL will drive additional market opportunities for Astera Labs [13][21]. Company Strategy and Development Direction - Astera Labs aims to provide a broad portfolio of connectivity solutions for AI racks, focusing on purpose-built silicon, hardware, and software [9][10]. - The company is increasing investments in R&D to support its vision of owning the connectivity infrastructure within the AI rack [10][15]. - The strategy includes expanding the market opportunity through next-generation standards like PCIe Gen 7 and 800 gig Ethernet [13]. Management's Comments on Operating Environment and Future Outlook - Management noted that while there are concerns regarding CapEx spending and trade restrictions, they have not seen a material impact on their business from tariffs [32][33]. - The company remains confident in its growth outlook, expecting Q2 revenue to increase to between $170 million and $175 million, a 7% to 10% increase from the prior quarter [27][28]. - Management emphasized the importance of diversifying revenue streams across both custom ASIC and merchant GPU platforms [36]. Other Important Information - The company announced the appointment of Dr. Craig Barrett to its board of directors, bringing valuable experience to support its growth strategy [9]. - Astera Labs is focusing on a holistic approach to connectivity solutions, integrating various products and software to enhance performance and observability [70]. Q&A Session Summary Question: Concerns on CapEx spending momentum and demand outlook - Management has not seen a material impact from tariffs but is monitoring the situation closely. They noted that hyperscalers have maintained their CapEx, which is encouraging [32][33]. Question: Scale-up opportunities and timing - Management highlighted that scale-up presents a significant opportunity, with expectations for continued growth as cluster sizes and data rates increase [41][42]. Question: Impact of China restrictions on sales - The impact from China is modest, with revenues from China being less than 10% of total revenues, making it manageable [57][58]. Question: Transition to custom racks and mix assumptions - The transition to custom racks is driven by customer needs to optimize their existing data centers, but specific mix assumptions are difficult to provide due to evolving customer requirements [94].
Astera Labs, Inc.(ALAB) - 2025 Q1 - Earnings Call Transcript
2025-05-06 20:30
Astera Labs (ALAB) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Company Participants Leslie Green - Investor RelationsJitendra Mohan - Co-Founder, CEO & Executive DirectorSanjay Gajendra - Co-Founder, President, COO & DirectorMike Tate - CFOHarlan Sur - Executive Director - Equity ResearchBlayne Curtis - Managing DirectorRoss Seymore - Managing DirectorThomas O'Malley - Director - Equity ResearchJoseph Moore - Managing DirectorTore Svanberg - Managing DirectorSrini Pajjuri - Managing Director Conference C ...
Astera Labs, Inc.(ALAB) - 2025 Q1 - Earnings Call Transcript
2025-05-06 20:30
Astera Labs (ALAB) Q1 2025 Earnings Call May 06, 2025 04:30 PM ET Speaker0 Good afternoon. My name is Amy, and I will be your conference operator today. At this time, I would like to welcome everyone to the Astera Labs First Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the management remarks, there will be a question and answer session. Thank you. It is now my pleasure to turn the call over to Leslie Green, Investor Relations ...
平面设计师工资一般多少?看完这篇你就心里有谱了
Sou Hu Cai Jing· 2025-05-04 05:59
刚入行的萌新设计师,就跟游戏里的1级小号差不多。北上广深这种一线城市,起薪大概在4500-6000左右。我之前带过个实习生,专科毕业在杭州拿4800, 天天加班改图到怀疑人生。二三线城市就更真实了,有个粉丝说在郑州干了半年,到手3200还要帮老板遛狗(这就过分了吧)。 最近好多小伙伴私信问我:"平面设计师现在工资能拿多少啊?"说实话,这个问题跟问"吃火锅要花多少钱"差不多——得看你在哪儿吃、点什么菜!今天咱 们就掰开了揉碎了聊聊这个话题,保证不说官话套话,全是设计师圈子里的大实话。 品牌视觉系统搭建 C4D三维建模 动态海报设计 用户调研能力 1. 死磕大厂项目经验(甲方爸爸最爱这个) 2. 把AE动效玩出花(现在静态设计真的不够看) 3. 偷偷学点UX思维(降维打击传统设计师) 4. 接私单别只会做logo(整套VI报价能翻5倍) 最近发现不少同行去了网时代教育学UI升级课,他们那教的东西挺实在的,听说学员平均就业率有87%,转行成功的能拿到9-15k。关键是课程安排对上班 族友好,晚上和周末都能学。有需要的可以去他们官网看看,小白找不到官网的可以加他们微信:13148733307。 这行工资就跟坐过山车似 ...
1 Beaten-Down Stock to Buy and Hold for 10 Years
The Motley Fool· 2025-05-01 09:47
Core Viewpoint - Viking Therapeutics has experienced a significant decline in stock price in 2025, down 35% year to date, despite a strong performance in 2024 due to promising clinical progress [1][2][3] Group 1: Company Performance - The company's leading candidate, VK2735, an investigational GLP-1 weight loss therapy, showed excellent phase 2 results and is expected to advance to phase 3 studies soon [5] - Viking's market cap is approximately $3 billion, and it is considered one of the more promising bets in the weight loss therapy sector, despite competition from larger companies like Eli Lilly and Novo Nordisk [8][6] - The company is also developing VK2809 for metabolic dysfunction-associated steatohepatitis (MASH), which has also passed phase 2 studies, and VK0214 for X-linked adrenoleukodystrophy, which has completed phase 1 studies [9][10] Group 2: Financial Position - Viking Therapeutics ended the first quarter with $852 million in cash and equivalents, down from $903 million at the end of 2024, indicating a solid financial position to support ongoing studies [11] - The company is expected to access additional funding easily due to its clinical progress, which should mitigate any immediate funding concerns [11] Group 3: Market Context - The weight loss market is experiencing rapid growth, with sales of existing therapies increasing significantly, and analysts predict continued growth in this sector at least until the early 2030s [7] - Despite the influx of investigational weight loss therapies, most have shown modest results, making Viking's promising data stand out in the competitive landscape [8]