Accessibility StatementSkip Navigation System performance delivers lower operating costs, efficiency gains and smarter energy use for commercial buildings PALM BEACH GARDENS, Fla., Sept. 11, 2025 /PRNewswire/ --Â Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced it is the first HVAC original equipment manufacturer to complete the U.S. Department of Energy's (DOE) Commercial Building HVAC Technology Challenge laboratory validation in the 10–14 ...

Summary of Universal Display Corporation (UDC) Conference Call Industry Overview - The conference focused on the OLED market, particularly in the context of smartphones, TVs, and IT products [3][4][5] - UDC's guidance for the year is between $640 million and $700 million, with a midpoint of $675 million, indicating strong performance expectations [4][5] Key Market Segments - **Smartphones**: Approximately 60% penetration of OLED technology, with premium models reaching nearly 100% [11][12] - **IT Market**: Expected to see significant growth due to low current penetration rates and increasing OEM adoption of OLED products [5][6] - **TV Market**: Also growing, but at a slower rate compared to the IT market [5][6] - **Automotive Market**: Currently less than 1 million out of 85 million annual units globally incorporate OLEDs, but interest is increasing, especially in electric vehicles (EVs) [27] Technological Developments - **Gen 8.6 OLED Fabs**: Major customers like Samsung Display, BOE Technology Group, and Visionox are investing a collective $20 billion in new capacity to meet rising demand, particularly in the IT market [7][8] - **Phosphorescent Blue Development**: UDC is working on phosphorescent blue materials, which could increase energy efficiency by 25% when integrated into displays [13][14][15] - **Hybrid Tandem Structures**: LG Display has successfully produced a device using a hybrid structure, combining phosphorescent and fluorescent layers, marking a significant milestone [16][19] Financial Performance - UDC maintains a strong gross margin of approximately 76% to 77% [42] - The company is focused on maximizing value through customer contracts and improving manufacturing efficiencies [42][43] Strategic Initiatives - UDC is exploring M&A opportunities, particularly in acquiring OLED-related patent portfolios [45][46] - The company has a buyback authorization of $100 million and continues to prioritize dividends as a method of returning capital to shareholders [48] Supply Chain Management - UDC has been navigating geopolitical tensions and trade issues by balancing production between the U.S. and Ireland, ensuring efficient supply chain management [29][30] Emerging Applications - Beyond traditional markets, UDC sees potential in automotive displays, wearables, AR/VR, and even robotics, indicating a broadening scope for OLED applications [41] Conclusion - UDC is well-positioned in the OLED market with strong growth prospects across multiple segments, ongoing technological advancements, and a solid financial foundation. The company is actively pursuing new opportunities while managing supply chain challenges and exploring strategic partnerships.

Core Insights - PPL Corporation is focused on modernizing the grid to enhance electrification and provide customers with options to reduce energy consumption through energy efficiency programs [1] - The company's energy efficiency initiatives are aligned with its goal of achieving net-zero carbon emissions and operational excellence, benefiting from cost savings and improved grid reliability [1] Energy Efficiency Programs - PPL supports various programs aimed at reducing energy usage and costs, including direct bill assistance and weatherization [2] - In 2024, energy efficiency programs helped customers save over 434,100 megawatt-hours (MWh) of electricity and reduced peak demand by nearly 78 MW [2] - PPL's investment in Electric Energy Efficiency Programs for 2024 was approximately $199.8 million, reflecting a 7.4% increase from the previous year [3] Financial Performance - The Zacks Consensus Estimate indicates a year-over-year EPS growth of 7.69% for 2025 and 8.42% for 2026 [8] - PPL shares have increased by 5.7% over the past three months, while the industry has seen a decline of 1.3% during the same period [9][13] - PPL is trading at a forward 12-month price-to-earnings ratio of 19.02X, which is higher than the industry average of 14.75X [11] Customer Engagement and Satisfaction - By providing programs that save customers money and energy, PPL strengthens customer relationships and enhances satisfaction [5] Industry Context - Other utilities, such as Exelon Corporation and Entergy Corporation, are also implementing energy efficiency programs, contributing to overall industry efforts in managing energy use [6][7]

Hello everyone. Can we imagine a world without electricity, without petrol, without diesel. It seems scary. Yes, it is scary.And that is wherein comes energy conservation and that is wherein the comes the question of our sustainability. Friends, the energy market of the world today is a staggering US dollar 20 billion. Imagine what is happening around the world.Why we're talking of energy every day in and out for our all our tasks for all our daily routines. We all need energy and this is the driving force ...

Core Viewpoint - Legend Power Systems reported lower revenue in Q3 F2025 due to deal timing rather than demand, with a strong backlog expected to fulfill a significant portion of systems this year [3][6][10] Financial Highlights - Revenue for Q3 F2025 was $385,354, a decrease of 63% from $1,042,412 in Q3 F2024 [9][10] - Net loss for Q3 F2025 was $837,615, compared to a loss of $482,386 in Q3 F2024, marking a 74% increase in losses [6][11] - Gross margin decreased to $93,064 in Q3 F2025 from $520,138 in Q3 F2024, reflecting an 82% decline [9][10] Operational Highlights - The company is in the process of obtaining a GSA Multiple Award Schedule (MAS) to facilitate procurement with the U.S. government [7] - An existing customer placed a repeat order for eight additional SmartGATE systems, and the City of New York Public School System made its first SmartGATE order [7] - Engagements with several large international airports to address ongoing power challenges were noted [7] Future Outlook - The CEO indicated that groundwork has been laid for multiple late-stage opportunities across various sectors, which could significantly impact the company once closed [3] - The company expects to announce significant wins before year-end, reinforcing its growth story [3]

STOCKHOLM, Aug. 20, 2025 /PRNewswire/ -- New study reveals surprising trade-offs, knowledge gaps, and opportunities for time-saving solutions to increase clothing life and to help close the gap between good intention and action. A new report from Electrolux, published today, reveals the growing dominance of "speed laundering" in Europe, driven by busy lifestyles, flexible working and a rising demand for convenience. The study exposes how consumers are prioritizing faster laundry cycles, the trade-offs they' ...

Core Insights - Orion Energy Systems, Inc. has secured a $2 million contract to install four High Power DC EV chargers for the Massachusetts Department of Transportation (MassDOT) [1][2] - The installations are part of MassDOT's five-year plan to enhance EV charging infrastructure across the state, particularly at travel plazas along the Massachusetts Turnpike [2] - Orion's Voltrek division is also involved in a significant initiative to electrify Boston Public Schools' bus fleet, with a recent contract for 90 EV charging stations valued at $6.5 million [3] Company Developments - Orion has recently announced contracts with five major enterprise customers, totaling $15.5 million in revenue, indicating a strong growth trajectory [4] - The company aims to achieve positive adjusted EBITDA on projected revenue of approximately $84 million for FY 2026 [4] - Orion specializes in energy efficiency and clean tech solutions, including LED lighting and EV charging solutions, focusing on large national customers and projects through ESCO and distribution partners [5] Industry Context - The deployment of EV charging stations is a critical component of Massachusetts' strategy to increase the availability of charging infrastructure in both urban and rural areas [2] - Orion's role in MassDOT's EV infrastructure rollout positions the company as a trusted partner in a rapidly growing sector [4]

Financial Performance - Q4 2025 sales increased by 5.5% year-over-year, reaching $1.225 billion compared to $1.161 billion in Q4 2024[8] - Organic daily sales saw a positive year-over-year growth of 0.2% for the first time in over a year[8] - Earnings per share (EPS) increased by 5.9% year-over-year, from $2.64 in Q4 2024 to $2.80 in Q4 2025[8] - EBITDA decreased slightly by 0.3% year-over-year, from $153.5 million in Q4 2024 to $153.0 million in Q4 2025[8] - Free cash flow for fiscal year 2025 was $465.2 million, up 34% year-over-year[33] Segment Performance - Engineered Solutions (ES) segment sales increased by 20.7% year-over-year in Q4 2025, with organic growth of 1.8%[31] - Service Center segment sales decreased by 1.5% year-over-year in Q4 2025[23] Fiscal Year 2026 Guidance - Total sales are projected to increase by 4% to 7% year-over-year[46] - Organic sales are expected to grow by 1% to 4% year-over-year[46] - EBITDA margin is guided to be between 12.2% and 12.5%[46] - Diluted EPS is projected to be in the range of $10.00 to $10.75[46]

Financial Data and Key Metrics Changes - PSEG reported net income of $1.17 per share for Q2 2025, compared to $0.87 per share in Q2 2024, reflecting a significant increase [17] - Non-GAAP operating earnings were $0.77 per share in Q2 2025, up from $0.63 per share in Q2 2024, marking over a 20% increase year-over-year [17][18] - For the year-to-date ending June 30, 2025, net income was $878 million, compared to $790 million in 2024 [18] Business Line Data and Key Metrics Changes - PSEG's utility segment reported net income and non-GAAP operating earnings of $332 million for Q2 2025, compared to $300 million in Q2 2024 [18] - PSEG Power and Other reported net income of $253 million in Q2 2025, up from $132 million in Q2 2024, with non-GAAP operating earnings increasing to $52 million from $11 million [22][23] - The nuclear fleet produced approximately 7.5 terawatt hours in Q2 2025, an increase of 0.5 terawatt hours compared to the same period in 2024 [23] Market Data and Key Metrics Changes - The temperature humidity index was 21% warmer than normal but 14% cooler than in 2024, impacting electricity demand [21] - PSEG's pipeline of large load inquiries for new service connections grew to over 9,400 megawatts, up 47% from 6,400 megawatts reported as of March 31 [12] Company Strategy and Development Direction - PSEG is focused on a $3.8 billion regulated capital investment program for 2025 aimed at infrastructure modernization and reliability [6][11] - The company is also pursuing a five-year capital spending plan of $21 billion to $24 billion through 2029, supporting a projected rate base CAGR of 6% to 7.5% [15][16] - PSEG is advocating for legislative decisions in New Jersey regarding energy affordability and resource adequacy, emphasizing the need for new generation capacity [33][41] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of balancing reliability, affordability, and environmental policies in ongoing discussions with New Jersey legislators [33][41] - The company anticipates a near-flat impact on customer electric bills despite recent capacity price increases, due to other supply-related costs expected to decrease [9][10] - PSEG reiterated its full-year 2025 non-GAAP operating earnings guidance of $3.94 to $4.06 per share, reflecting a 9% increase at the midpoint over 2024 results [15][26] Other Important Information - PSEG's total available liquidity as of June 30 was $3.6 billion, including $186 million in cash [25] - Recent federal tax legislation preserved the nuclear production tax credit and extended 100% bonus depreciation for qualified business property, improving cash flow [26] Q&A Session Summary Question: Update on New Jersey Resource Adequacy Conference - Management indicated ongoing discussions regarding future generation build in New Jersey, emphasizing the need for state decisions on reliability and affordability targets [31][33] Question: Data Center Pipeline and Nuclear Plant Opportunities - Management noted a significant increase in data center inquiries, with ongoing discussions about nuclear plant opportunities across New Jersey and Pennsylvania [34][36] Question: New Generation Needs in New Jersey - Management acknowledged the need for new generation capacity in New Jersey, emphasizing the state's reliance on power imports [41][43] Question: Impact of Capacity Auction Results - Management confirmed that while capacity auction results are important, they maintain their guidance based on the nuclear production tax credit threshold [45][46] Question: Affordability-Focused Bills - Management stated that while several affordability-focused bills were discussed, no specific bill is currently prioritized as the legislature is not scheduled to reconvene soon [62][63] Question: Incremental Generation Potential from Nuclear Upgrades - Management confirmed that engineering work for nuclear upgrades is ongoing, with plans for a 24-month fuel cycle at Hope Creek [66] Question: Large Load Inquiries Conversion Rate - Management confirmed that the conversion rate for large load inquiries remains at 10% to 20%, primarily driven by data center projects [73]

Financial Data and Key Metrics Changes - In Q3 2025, the company reported an EPS of $0.06 per share compared to a net financial loss of $0.09 per share in the previous year [22] - Year-to-date NFE is $313.4 million or $3.13 per share, an increase of nearly 55% year-over-year [22] - The company raised the lower end of its fiscal 2025 NFEPS guidance range by $0.05 to $3.2 to $3.3 per share, reflecting strong operating performance [8][27] Business Line Data and Key Metrics Changes - New Jersey Natural Gas remains the strongest contributor to NFEPS, benefiting from a recent rate case settlement and customer growth [9] - The Clean Energy Ventures (CED) is expected to contribute over 20% of NFEPS this year, driven by high-performing operating assets and the monetization of the residential solar portfolio [9] - Approximately 65% of full-year NFEPS is expected to come from utility operations, rising to over 70% when excluding the CEV gain related to the sale of the residential solar business [10] Market Data and Key Metrics Changes - New Jersey Natural Gas serves approximately 588,000 customers, with over 90% being residential, primarily in economically vibrant counties [10] - The company has invested approximately $383 million in capital projects, with more than 47% earning near real-time returns through mechanisms such as SaveGreen [13] Company Strategy and Development Direction - The company is focused on disciplined execution and consistent performance across all segments, with an emphasis on utility investments and regulatory progress [5] - The SaveGreen program is highlighted as a key investment area, with capital projections raised by over 30% for 2025 [11] - The company aims to enhance utility infrastructure, expand clean energy investments, and optimize storage and transportation capabilities [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate changing environments and allocate capital effectively to meet customer needs [27] - The company anticipates continued growth in the natural gas sector, supported by strong demand and infrastructure investments [36] - Management remains optimistic about reaching a resolution in the Adelphia Gateway rate case by the end of the year [7][19] Other Important Information - The company has a strong balance sheet with projected cash flow from operations between $460 million and $500 million for fiscal 2025 [25] - The company maintains $825 million of credit capacity across its credit facilities, providing flexibility to fund its capital plan [26] Q&A Session Summary Question: What would be the year-over-year impact of the Adelphia rate case settlement in 2026? - Management indicated that details are still under negotiation and have not been made public yet [34] Question: How have the 131 megawatt target for CEV changed relative to initial expectations? - Management stated that the 131 megawatts is what is currently under construction, with high confidence in the projections shared [35] Question: What is the timeline for the Leaf River expansion decision? - Management expects to narrow down the expansion details in the coming months, with a binding open season currently taking place [42] Question: Can you break out the utility gross margin for the quarter? - Management noted that the gross margin benefits from the new rate case and progress on operational efficiency [46] Question: What is driving the stronger demand for the SaveGreen program? - Management highlighted strong market demand for efficient HVAC systems and successful execution of the program [64] Question: Is there interest in growth projects for gas infrastructure in the Northeast? - Management confirmed ongoing investments in reliability and expanding the system to meet customer growth [67]